I have bin looking at a possible ghost trend without Hype and FUD calculated in.
I think that BTC markets are currently over Hyped and need to go sideways for a couple of weeks
This would result in the biggest BTC market bottom forever.
This can also mean we have bin in a bear market/sideways trend seen before the first hype cycle coming above 30$k to the first new ATH of 64.8$K
In this time the BTC market has made a 1 to 1,5 year long bottom. Powered by Hype Cycles, H&S pattern's and new ATH's. With news effecting the ( BTC ) markets.
Better reasons for market bottom
Hype Cycles
- Money printing
- inflation at 7%
- Adoption form retail/ working people
- Active development
Note: I think that these Cycles are needed to make BTC / CC work currently.
H&S pattern's ( Head and shoulder pattern's)
- The first money hype cycle resulting in H&S pattern and Wyckoff distribution pattern
- The second H&S pattern forming at the 52$k top ---> resulting in down trend up to 10/21 --> 69k top.
- And the last H&S pattern forming at the current ATH at 69k ---> resulting in down trend up to 24/ 01 /22 ---> next cycle for 2-3x current ATH .
Note: I think that these H&S pattern are not good for a BTC market. But good for buy prices.
Hoop this helps
I think that BTC markets are currently over Hyped and need to go sideways for a couple of weeks
This would result in the biggest BTC market bottom forever.
This can also mean we have bin in a bear market/sideways trend seen before the first hype cycle coming above 30$k to the first new ATH of 64.8$K
In this time the BTC market has made a 1 to 1,5 year long bottom. Powered by Hype Cycles, H&S pattern's and new ATH's. With news effecting the ( BTC ) markets.
Better reasons for market bottom
Hype Cycles
- Money printing
- inflation at 7%
- Adoption form retail/ working people
- Active development
Note: I think that these Cycles are needed to make BTC / CC work currently.
H&S pattern's ( Head and shoulder pattern's)
- The first money hype cycle resulting in H&S pattern and Wyckoff distribution pattern
- The second H&S pattern forming at the 52$k top ---> resulting in down trend up to 10/21 --> 69k top.
- And the last H&S pattern forming at the current ATH at 69k ---> resulting in down trend up to 24/ 01 /22 ---> next cycle for 2-3x current ATH .
Note: I think that these H&S pattern are not good for a BTC market. But good for buy prices.
Hoop this helps
Not
Cup & Handel breakout for next week? of up trending line.True if Breakout hits 46.15$k and continues tot 46.65$k ?!?!
Not
bounded maybeNot
hooo bounce bounce!!!Not
Next bottom?
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.