Traditional markets taking a dive since the Fed spooked them with tapering. BTC decided to follow per usual. This idea here is based on my "Holy Grail" where each cycle touches a distinct point exactly in the middle (log based 0.5 fib) which, by definition, points to a 1.0 fib that's much higher (250k). When the market reversed in July, I thought "maybe it was close enough (4% off) & we'll see the parabolic moment begin.
It sure looked like that, and nothing is off the table. In the event that we see this 0.5 fib touch (which is around 25-27k based on my predictive 1.5 fib), we may see this in the form of a pennant such as we did in 2017 on the way up. Before that, however, I find it interesting that we have a sort-of "Running Flat" ABC wave forming similarly. This would put us at 37k before retracing to the 0.786 or so (alt season anyone?!).
Who knows if this is how it plays out. Who knows if it reverses here & goes parabolic. Who knows if it goes to 10k. All I'm saying is that if you look at my last video which I will link in related ideas, there's something going on that seems "programmed". I can say with 99.99% certainty that we won't see below 25k & if there's ever a time to get into the market, now is definitely not a bad time considering where all things point to (minimum 140k). Who knows when, though...
See "Holy grail" for a text description and see "200k-265k Cycle Top" for a full description (20minutes)
It sure looked like that, and nothing is off the table. In the event that we see this 0.5 fib touch (which is around 25-27k based on my predictive 1.5 fib), we may see this in the form of a pennant such as we did in 2017 on the way up. Before that, however, I find it interesting that we have a sort-of "Running Flat" ABC wave forming similarly. This would put us at 37k before retracing to the 0.786 or so (alt season anyone?!).
Who knows if this is how it plays out. Who knows if it reverses here & goes parabolic. Who knows if it goes to 10k. All I'm saying is that if you look at my last video which I will link in related ideas, there's something going on that seems "programmed". I can say with 99.99% certainty that we won't see below 25k & if there's ever a time to get into the market, now is definitely not a bad time considering where all things point to (minimum 140k). Who knows when, though...
See "Holy grail" for a text description and see "200k-265k Cycle Top" for a full description (20minutes)
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.