$BTC - Weekly CMF making its way backLooks like the weekly CMF is still on its way back up. Back in March 2020 it broke through the 0 lien and then came back down hardcore - something like this could happen again. Trade carefully - risk management!
March2020
Bitcoin price fluctuation zoneWe are currently in a long-term uptrend, which has intensified sharply since March 21, 2020, and continued until April 2021 due to the Corona Virus and economic impacts. However, this trend experienced a rapid decline due to numerous news and high price rises, which then went back to the previous price and even higher, causing a fake exit to its downtrend channel, which many analysts mistaken analysts that the uptrend in Bitcoin would continue at the same rate of $100K, but over time it became clear that the exit was fake, from where the downtrend began and the trend continues for 60 days... .
Bitcoin is currently fluctuating in the range of 29,000, which is a support point.
On the other hand, the amount of money in the Tether marketcap has reached its maximum, which is similar to March 2020, which was the beginning of the great upward trend of Bitcoin, and may start again from this point, but the point is that The floor of the large ascending channel has not been hit. So it is likely that bitcoin will continue to fluctuate within the zone indicated in the chart to start the uptrend again, but everything is probable and the only thing that is clear is that the candlesticks are always moving forward.
Support of $22K and the ceiling of the descending channel is $43K in this range.
BTC LIGHTS OUT, SUB 30KThis idea leans a bit more on speculation, but it is something that's crossed my mind recently.
Given the IMF practicing for cyber-attacks specifically aimed at the global financial system, it gives worry of a covid like crash that'll break support at 30k.
Not to mention how close the current price action is now resembling the price action of back in March 2020. Take a look at the trend line on the chart image below:
It is the single most important trend line to hold in order to ensure that the bull run continues . The same goes for the PoC, sitting around 46k. If we break it along w/ the white trendline, it's a wrap. BBWP indicator has confirmed the end of consolidation moving into volatility... that I believe will head to sub 30k levels.
Key lines of support and resistance are identical to the previous idea linked below.
The likelihood of this entire idea playing out to be invalidated would be if we break above the prev high near 52K.
Rip Grichka Bogdanoff, may your phone calls ring beyond the grave .
The global market crash of 2020 and the invisible recessionThe global market crash of 2020 and the invisible recession:
Laying over a select number of my tweets from 2019 and 2020 with calls for the a 40% correction, the start of the recession, and tentative dates for the global market crash.
I was off by a few days, but it's hard to predict the future. Obviously, right?
Also, I had my confirming signal exactly two years ago in July 2019 which is why I am sharing this now.
2 years since from confirmation.
I used various dark patterns, analyses, and techniques which gave me then the confidence that there was a black swan underway.
Bubble SplashThe bubble will burst guys, the new buy the top, the influencers promote the new.
the real ones remember every sudden rise what's going to happen
Repeat of (March 2020) possible ~ $6000 to downside (yearly top)-Yurlo
Please hit that like button for creating this interesting fractal from March 2020 👍
Here's an interesting fractal from March 2020 I've decided to make a whole ass technical analysis for just because i'm currently bearish for $BTC (which could be wrong) however, I still believe that the current local top $10700 USD ~ will not be surpassed before seeing at least $9600 USD.
If this fractal did play out (which is impossible) ~ went from $6100 - $4000.
If bitcoin follows this fractal, it would take us from $9950 to $7850.
(in comparison to march to now - the top would be like 12.5k)
(we're here)
In comparison of March 2020 to September 2020 ~ see circles area with sideways activity (which is the current fractal we're seeing now - possibly)
It was 21 days from the "top" like 12.5k, before it fell off a cliff. ~ (stage 1)
Followed by a $1800 USD move to the downside. ~ (stage 2) ~ if we don't wick after the $9600 cme gap this is the likely situation to occur.
(from the low point - which would be 4k in March, which we should see around 6k) ~ (stage 3) ~ if we wick this far ~ could bonce off weekly moving average which is around $7800.
PLEASE NOTE: this is not financial advise, this is simply a fractal I've put together that I've enjoyed making & wanted to share with my followers.
12 Years a Slave - S&P ChannelI think the chart explains itself. We are at a critical moment. If price finds support on top of channel (making higher highs), then a new cycle outside of channel has begun. Expect another bull cycle?
If price does not find support on top of channel and is rejected, then we could come back down to the bottom of channel and re-test March lows.
This month will be critical to find out.
technique analyse of EURGBP Hi friends
I show you my technical analysis of a very important forex market and as you see the graph will experience an uptrend in the next few days with a probability of 85% and at the same time a downward market reversal but with a low probability equal to 15%
we can deduce that the upward trend is more favorable from this market
please register and subscribe so I can continue to publish more analysis
cordially
SPX MARCH CORONAVIRUS LONG POS...Guess I am not the only with this kind of analysis... What do you think?
Market to Bottom from March 2020 - June 2020 (youtube brschultz)Weekly model shown on youtube for my brschultz momentum trend model
After this week's death cross ( 34 week SMA crossing under 340 week Double Hull ) - Sept 2000, May 2008, Nov 2015, Jan 2019 - Markets should now descend to bottom in March 2020 thru June 2020.
The brschultz momentum trend for daily NASDAQ does best job showing strong momentum trend to optimal buy point in markets in March 2020 - June 2020. I do believe real estate will take a bit long.
brschultz - youtube - nasdaq
