Here's an early look at what we might expect for Bitcoin cycle low prices from the Golden Ratio Multiplier...
Level 1 sits at $38,800 and has been very consistent for cycle bottoms.
As price declines, this number will drop some.
I also think GRM did an ok/decent job of navigating the cycle top with some intution. Level 5 was the cycle top band for cycle 4, which was hit early in March 2024. This was followed by January 2025, which hit level 4 at 109k.
This is a similar situation to other double tops (2013 and 2021).
WHAT THE FUCK MAN
2 years ago this guy called the top for October 6, 2025.
Yesterday BTC made a new ATH at $126,199.
And today we are dumping hard.
COINCIDENCE?
#BTC what's to come in the near future prediction and what's to come in the bigger picture prediction ...just my two cents. Let's see how this will age...
@rektober A daily bearish engulfing indicates clear more brearish pressure to come next week. We might revisit 108.5-109k (4h supply & retest of the trendline as resistance), before we continue to go lowert towards 95-92k
@Cameronfous Im out of BTC because of 8 years resistance, weekly bearish divergence and loss of 50 ema on the daily. The reclaim yesterday is nothing new, since in 2021 btc reclaimed the 50 ema on the daily timeframe two times until the weekly bearish divergence really started to play out
Bearish divergence on the weekly is confirmed and #btc closed under the 50 EMA on the daily while #btc is rejecting the 8 year resistance; same exact setup that marked the 2021 bull run top! Plan executed and I am out 🫡
#BTC with bearish divergence (not confirmed yet!) on the weekly #marketcipher B (like 2021 top). If we close with volume below 50 EMA on the daily (yellow line) I will scale out 50%, because these confluences marked the 2021 bull run top! @realcryptoface
#BTC : Fundamentally we have all time high commercials vs. all time low retail traders, coming from weekly undervaluation against the USD and US treasury bonds: BIAS is bullish as f****. Technically we are in a strong monthly & weekly uptrend, expecting 125k next #OTC