@ColinTCrypto Awesome work! Polymarket betting 100% chance of QE ending before May would fall perfectly in line with an April 30th blast off. I see a lot of macro tailwinds too to help give us one last push. Ukraine war ceasefire, clearer tariff guidelines come April.
@CredibleCrypto Do you think this deeper correction to the 53k support area increases the chance of a blowoff top to 100k even more likely before EOY? Why? What are the chances we break 53k and go down to the high 40s to consolidate more?
@AskCryptoWealth Interesting chart I must say. Mayer Multiple Bands? The band lines look different on your chart. In both the 2016-2017 and 2020-2021 cycles it hit the band line multiple times, do you think that will be the case? Also, current multiple is at 1.8 right now, not close to the 2.4.
@TrueDoodles@tedtalksmacro did you not read the thread? He literally said it would buck the down trending core cpi for the last several months, meaning the down trend is broken and another high core cpi print would be bearish.
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@inmortalcrypto On chain dynamics points to a completely different picture. Dozens of indicators flipping bullish and closing above the weekly bull market support band and 50 week SMA today. NOTHING is similar to 2018 except a random fractal that you drew.
@Trader_Jibon Wouldn't it make more sense if you drew the second line from the previous all time high back in dec 2017, just like how you drew the first line from the 2013 all time high?
@888Velvet Imagine calling for 20k without a blowoff top and all this adoption every single day. Not a single on-chain indicator shows that 69k was the top… no retail fomo and people think we’ll have an 80% drawdown like the 20k top in 2017.