Bitcoin through next halving - on the cusp of a new cycle pt. 2

17 thg 1, 2023

Adding another view to my previous idea removing the volatility between the move. Please see for an idea of what the volatility could look like:

Key areas:
Keep an eye on RSI momentum
Keep an eye on major support levels which will be added as time goes on
Use pre-established profit points - and DON'T fomo when the time comes. Pick your sell points and COMMIT to them - put a post-it on your monitor.

15 thg 2, 2024

Ghi chú

Weekly and Monthly RSI look good - Daily RSi is nearing an area where we should see a pullback. If we blow off before the halving, the idea is invalidated and we may have two peaks. Another later in 2024 into q1/2 of 2025 range.

12 thg 12, 2024

Giao dịch đang hoạt động

Added a new resistance line via BLUE from the 2018/19 bottom through 2020 support. This view gives us greater visibility into where a top might be.

The path I laid out has followed pretty much on point. The end of this run is where the big question mark still is.

I would keep an eye on this Blue resistance line. My current feelings are that the run may extend beyond Q1 2025 and make attempts to tap that line. This then means that the top figure will end up being based around WHEN it approaches that line in 2025. I do not see it going beyond 2025 before a correction.