I've sold 100% of my $BTC at $102k, after holding it for ~2 years
The question arises: What's next? I'm sure of 3 things:
1: Biggest altseason ever is close
2: Buyback $BTC only at $40k>
3: Bull cycle will end in Oct 2025
I spent ~20 hours researching all the data: Here is why I believe in this🧵👇
#Bitcoin Potential Cycle Top in October 2025. 🏁
According to SMI MFI* #BTC has still room to go up this cycle. It's just the beginning. 🚀
Where you following me when I introduced you this indicator in April this year ? Bitcoin was starting its reversal. 🤝
*Stochastic Momentum Index (SMI) of Money Flow Index (MFI).
#BTC
Same point of the cycle Bitcoin is in now vs 2019 (purple circle)
Where Bitcoin could go to in the coming months (blue circle)
$BTC #Crypto#Bitcoin
#BTC
Bitcoin is 210 days away from the Halving in April 2024
At this point in the cycle in 2019, $BTC performed a relief rally to form another Lower High
And in the months that followed, Bitcoin dropped -62% to reach its Macro Higher Low
Right now, it looks like BTC is also relief rallying
Over the coming months, Bitcoin doesn't need to drastically crash or experience another Black Swan event to reach it's Macro Higher Low in this cycle
It only needs to retrace -27% from current prices
#Crypto #Bitcoin
What a coincidence! 😌 The Halving and SEC decision on the #Bitcoin ETF both take place in March/April 2024.
Please note: The Halving has been the biggest driver of a bull market in Bitcoin's history.
Incredible how #BTC history repeats:
• $BTC retraces between -50% to -65% upon triangle breakdown (yellow circle)
• Breaks the Macro Downtrend ~365-397 days before the Halving
Full analysis here:
https://t.co/1qdAS8zAPw
#Crypto#Bitcoin
This April the #BTC Macro Downtrend will represent ~$23500
So a $BTC Monthly Close above the Macro Downtrend would give the 1st confirmation of a new macro uptrend
And if BTC needs to retest the Macro Downtrend like in 2015 then it would need to dip to ~$23500
#Crypto#Bitcoin
The $10k #Bitcoin folks can now find a new trendline to draw to claim that BTC will get rejected and crash all the way down again
Maybe something like this right?