Our predictions for downtrend continuation after the top were right and now if reclaim gets confirmed we might have temporary relief but i believe the cycle bottom will still come later
Longed $BTC stop below the low.
If this deviation is confirmed it’s a big reversal that could lead us to 93-95k again first, lots of liqs at 85k
The only $BTC chart you need right now in my opinion.
I can see a nice run in january but i don't see btc making a new ath anytime soon.
simple, explained in the image.
$BTC is showing real exhaustion and no one is noticing
Great news like this should make the market pump hard in a bullish environment but now it reacted with a chop...
If events line up bearish and stocks start going down btc will dump hard
important support zones
74.480
68-65
I don't like how the $SPX is behaving and even though a short pump might happen this week 6200 is coming soon and it will be a bid area for btc
Little pump done✅
I think that now the setup is so clear like explained in the image, the equal lows always get broken.
Time-wise i expect a rebiund to start from November 30.
There could be impulse pump coming but i believe that the main trend is still bearish for the next month starting from the 9th
I see a possible reversion for $BTC around either now but it’s low probability or with a sweep of $98k around 3-4 November with confluence of super full moon.
I would’t be blind longing without confirmations with these conditions +new moon coming.
Observe the OBV also.
Turns put it was proven right until now.
The top close to oct 8 which i’ve indicated many times was respected but just with some manipulation pumps.
Now in some time last chance for continued cycle will happen (around nov 4)if not bear market is in.
honestly you could get rich only following moon cycles and basic astrology but we should keep it away from retail and use it as confluence
What to do if the 4 year market cycle is wrong:
1. It would be proven wrong if in october btc doesn’t stop going up anytime, according to the 4y cycles the top should be on 8Oct
2. If it’s proven wrong it’s a generational opportunity to be the first to learn a new market regime
There is a high probability of a run up until around the 21 of this month.
If good short opportunities on overvalued majors in that period when btc is around 118-120k i am open to them.
There are some very bearish effects coming into play but we could see a scam pump soon to range highs again from 113k