ligand

ligand

April 6 a new weekly cycle of about 5-6 months duration started. Its first 60d daily cycle ended June 6. The second and present daily cycle will target 160k USD mid July. The third and last daily cycle of this weekly cycle will be left translated and tops at 210k USD around August 20 and ends around September 20. Then the next weekly cycle will start with a...

ligand

If the price falls out of the channel, then the next real stop is around 0,023.

ligand

Critical point at the upper border of the 14 year old channel. Difficult to decide if the blue or red line is the right one, but anyway looking a bit more bullish than bearish. After the last attempt to escape upwars (test-pump 2020-2022) now the real thing is probable. Otherwise a SHS may be formed which would target exactly the lower border.

ligand

Striking similarity between the chart patterns: A is identical to B, and C ist is identical to A and B, but compressed. The lowest point 03/2020 is very low because of the Covid-crisis. The correspondend low from now can be expected being less impressive. The formation was a wave 2 in 2019; now it is a wave 4. If the analogy holds anyway, an uptrend may occur...

ligand

Supports broken, continuing downtrend channel. Highway to hell.

ligand

Wyckoff accumulation pattern. Alts and ETH will remain bleeding relatively.

ligand

Flattening trendline (orange) will initiate a (very) long sideways move after the present bull market with more right translated cycles (with 4 year intervals).

ligand

Burn the ships. Then attack in ever faster and more far reaching moves. Victory or death.

ligand

rounding top, trendline invalidation, fail, lost horizontal support. Difficult to detect a possible target. Perhaps zero.

ligand

a small inverted shs will give the starting point around 05/18/24 at 61.000 USD for the big inverted shs with a resulting explosive move to very high levels at the end of the year.

ligand

rounding top, fail, oblique trendline support violated, horizontal support retest fail probably happening right now. 200 wMA as resistance. Dire view. Next stop 0.04

ligand

4-year cycles and retest of the lower boundary of the channel will result in a peak of 150-220k USD at the end of 2025. After that expect a more pronounced bear market.

ligand

Entering the second channel of this bullrun. If this bull doesn't get fracturized as the one from 2019-2021 due to Covid, expect a fast movement of a few steepening channels. This bullrun should be faster than those before end might end in a blow -of top bringing the first metawave since the beginning of bitcoin to an end. Afterwards a longer period of decline as...

ligand

see my last analysis. BTC finished subwave 2 of the new bullmarket an is now finishing the next subwave 2 (retracing only just 32% of 1, which is extreemly bullish) of one minor degree. Therefore a wave 3 of 3 is imminent which normally carries far, e.g. to around 35.000 USD (that is the target of the inverted shs formed during winter).

ligand

in addition to the EW analysis of my last idea cycles and channel retrace point to 19200 USD as a local low end of march. Afterwards there will be a rapid wave 3.

ligand

A wave 1 has formed since nov 2022 with perfect subwave fib relations, for example 0.38 for subwave 1, 1 for subwave 3 and 0.5 for subwave 5. The ongoing corrective wave 2 is likely to cover 0.62 or 0.76 of wave 1 pointing to 19.200 or 17800 USD.

ligand

4 year/ 16 year cycles for bitcoin may lead to an asymptotic approach to 1 mio usd or sth about. Every third cycle is left translated because it takes more time to correct the preceding wave 1-5.

ligand

The crossing of the price of apple and the upper channel trend line below 60 USD will give the FED the signal to pivot.