JorgeAbascal

JorgeAbascal

DO NOT MOVE THE CHART OR YOU WILL BREAK THE COMPARISION AND IT WILL BREAK THE CORRELATION ANALYSIS!!!! Gold and Bitcoin Analysis: Inverse Correlation and Bullish Projection to $675,000 by Mid-2025 Gold has reached the upper part of an upward channel (pink channel) , acting as a key technical resistance level. Over the past 10 years, when gold reaches these...

JorgeAbascal

This chart highlights the recurring trends of halving-driven tops, mapping out Bitcoin’s journey from hard times to booming peaks. Will we witness a similar meteoric rise? My analysis points towards a massive upward movement during the upcoming year, with the potential for Bitcoin to break new records in the next cycle. Buckle up!

JorgeAbascal

I expect a bear trap after the halving and then a bull run to 500k to 1M range, probably something like 600k-ish. Hopefuly the bull run will last until q1 2025.

JorgeAbascal

Don't get fooled, with all the money printing due COVID, the halving, the inflation created prior the elections, this is going to soar. If you check fibo levels are consistent with the idea of a top at 320k usd. Compare it with the last bubble. It makes no sense to start the bear market just now. We are surrounded of FUD.

JorgeAbascal

See related chart to see original prediction. I believe we're about to see another leg.

JorgeAbascal

is it that easy?

JorgeAbascal Updated 

I have marked all presidential elections. I believe they are inflating the economy to keep unemployment low, that excess of money will hit the market on next year.

JorgeAbascal Updated 

In this chart I added background to the fibonacci levels and corrected the trarget for the next bubble to a more conservative approach but in line with the fibo level.

JorgeAbascal Updated 

In this chart I added background to the fibonacci levels and corrected the trarget for the next bubble to a more conservative approach but in line with the fibo level.

JorgeAbascal

This is a continuation on my idea of an ascending curved channel for Bitcoin.

JorgeAbascal

This is an updated chart of my bullish idea with daily candles. In this version I added some more levels which are also parallel. All green curves are parallel in this idea. I don't like the descending curve approach because that would mean central banks are somehow going to stop the ponzi scheme they are trapped in, and therefore they will stop printing, which...

JorgeAbascal

This is an updated chart of my bullish idea with daily candles. All green curves are parallel in this idea. I don't like the descending curve approach because that would mean central banks are somehow going to stop the ponzi scheme they are trapped in, and therefore they will stop printing, which seems unreallistic to me. In the other hand this idea accepts the...

JorgeAbascal

This is an updated chart of my bullish idea. All green curves are parallel in this idea. I don't like the descending curve approach because that would mean central banks are somehow going to stop the ponzi scheme they are trapped in, and therefore they will stop printing, which seems unreallistic to me. In the other hand this idea accepts the fact that central...

JorgeAbascal Updated 

All green curves are parallel in this idea. I don't like the descending curve approach because that would mean central banks are somehow going to stop the ponzi scheme they are trapped in, and therefore they will stop printing, which seems unreallistic to me. In the other hand this idea accepts the fact that central banks will continue printing at a faster pace if...

JorgeAbascal Updated 

I placed the U.S. Presidential elections and the Halving Days in this chart.

JorgeAbascal Updated 

Some of my thoughts in this chart.

JorgeAbascal Updated 

Same chart, daily candles. (See related idea)

JorgeAbascal

Bitcoin to da moon confirmed