Bitcoin is now perfectly mirroring this pattern.
After another bull trap and a relief rally, $BTC will dump to $38K.
Save this chart and don’t become exit liquidity.
$BTC [1W] - Step-like Formation Update:
For the 4th time this cycle, BTC has perfectly bounced off the 40-week SMA, based on weekly lows.
Wave ii expanding correction looks close to completion as sell-side pressure fades across the network.
Wave iii is loading. 🚀
🚨 Today we’ve officially entered the $BTC Acceleration phase!
Next target is $350K, and a massive Altseason is just around the corner.
$50 invested today = $10,000 in a few months.
Here’s a list of 100–200x altcoins I’m accumulating right now 👇🧵
November 28th is an important day for #Bitcoin, not only because it's the date of the first halving, but because it's the date cycles are centered around.
This means today starts a new chapter, the bull market.
I introduced the November 28th Cycles Theory (now Halving Cycles Theory) in January 2023 almost 2 years ago when it told us the bottom was in then at 15.5k.
It told us that Green Year (2023) would be the year of the best buying prices and a move to the median price of $34,500, which we did.
It told us that Blue Year (2024) would be about preparing to move to new ATHs and advancing to do that toward the end of the year, which we did.
Red Year is here! The year of All Time Highs, and the making of the First and Final Cycle Tops (blue and red dots).
The theory projects that the cycle top will come +/- 21 days from November 28th, 2025 as previous cycle tops and bottoms have.
So many people are waiting for the 4-year cycle to die, but it's stronger than ever!
Here's to a year of great price action.
#Bitcoin Update
We are still not close to the peak. If you think we have seen or will see the final pump in the next days or weeks, NO. We will go much higher. The Satoshimeter is 13 today, which is a midpoint.
Legend: The Satoshimeter leverages on-chain data to track Bitcoin market cycles. It has shown a strong correlation with key phases of the Bitcoin cycle. Values around 1.6 typically mark the low points of bear markets, as seen in years like 2011, 2015, 2019, and 2022. The Satoshimeter also has the potential to signal absolute market peaks. By analyzing on-chain metrics, this indicator provides valuable insights into Bitcoin's price movements. Developed by Stockmoney Lizards.
You will be making life changing money in the next 8 Months by just holding some Coins.
PLEASE, don't make that believe that you're a great trader. The market just kept going up.
Take profit and cash it.
One of the biggest bull flags I’ve seen in my entire life.
This pattern has been forming since March (more than 5 months) and, icing on the cake, it’s also developing right around the 2021 ATHs zone.
Pair this simple TA with the fact that Q4 has the potential to be extremely bullish for risk assets (macro environment).
How can people be bearish on $BTC (and Crypto in general) here?
Sure, we could theoretically have another tap of the lower part of the flag (or even a quick wick below it) — but after that, the “up only” season should commence, in my opinion.
No crystal ball, of course — but, as I always say, all the dots are connecting nicely.
What happens on the 1H timeframe is just noise — look at the bigger picture 𓂀
Will revisit this tweet in a few months.
The distractions are coming in one after the other to keep you from what happens next.
The #Bitcoin price action we're seeing here comes at the end of every Blue Year. It's boring, but it's preparation for the year of ATHs, Red Year.
It's August 2012, 2016, and 2020 all over again.
My conservative range for the Bitcoin cycle top has increased from 90 - 130k to now 110k to 160k.
Check out this video if you're new to the power law model. That support line is what I trust most, and the 'years ahead of support' metric simply tells us how long it will be before the current price is under support.
$XRP Historic Breakout Incoming 📈
In all my years of trading crypto I have NEVER seen a 7 year long bull pennant
We might be about to witness one of the most significant breakouts in crypto history
A powerful combo for a #Bitcoin local low has formed...
A retest of the bottom of the Cycle 4 Fair Value Channel, paired with a Level 1 Low below Daily RSI 30.
Only 4 moves below Daily RSI 30 have been seen this cycle, all representing local lows.
The bottom of the Fair Value Channel has marked 5 of 6 major price bottoms.
Support is on our side as crypto abroad challenges it.
Does Ethereum point to a crypto/#Bitcoin later this year? It seems so when we line up the cycle lows.
Major tops for ETH in cycles 1 and 2 line up for the significant top in this cycle to take place in November 2024.
ETH hasn't even managed to surpass previous ATHs yet. Crypto is not finished and still on track.