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Sykodelicc

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It literally never changes.
Late longs getting flushed hard here.
As this price action develops, it's looking more and more like we had our first level of FOMO push on that leg up to $87k.
This is how it tends to happen.
At the lows, everyone is bearish, hardly any people buy or go long.
Then, price moves up for weeks, whilst everyone stays bearish, expecting it to just get dumped again.
But Bitcoin doesn't drop.
Then, eventually, Bitcoin takes out every line of bear defence, and breaks higher....
Catching them all totally off guard.
Bitcoin is then already 45% off of the bottom, sideliners pa
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BTC-0.15%
  • 8
Just incase you forget...
Whenever Bitcoin first decides to put in a decent pullback...
It will be, extremely likely, a bear trap.
The bears will get very loud, in fact, they are already getting louder on a very small drop.
But when we get a decent one, they will be back out calling for new lows.
This is your reminder that based on all the historical data we have, new lows aren't coming, and to ignore them.
Any decent dip we get here, is as likely as you can get, a great buying opportunity.
In Bitcoins entire history, any time it has closed above the:
- 365D SMA
- 1w 50SMA
It has marked the s
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BTC-0.11%
I have been saying it for months...
And it is only more clear now.
The bear cycle we just has was a mid cycle correction.
When its lined up next to the previous mid cycle correction, 2019 - 2020, it has followed it as close as you could get.
Bottoming after 259 days, the same time it took in 2019.
From the 2020 bottom, Bitcoin went on to push very hard to massive new ATH's very fast.
I believe the same is coming for Bitcoin this time.
4 year cycle bears have already been proven wrong, and they are in for an even greater shock when we hit the highs so much faster than they expect.
Obviously can
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BTC-0.11%
  • 1
Feels like everybody is trying to short this already.
Personally, I think we have another push left in the tank, up into the $90k's, before we get our first meaningful pullback.
My reversal indicator is yet to fire on the 3D, or even the 1D.
We don't even have a small signal, let alone a large one.
If it isn't clear, knifes call bottoms and hammers call tops.
Double knife or hammer is high conviction.
Will update if/when the double hammer shows up.
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There will be a big drop.
At some point, within the next few weeks, there will be the first "scary" dip.
After the shift from bear to bull, you always get something like this.
So far, Bitcoin has barely given any ground back at all, and has moved very strongly.
Lots of 4 year cycle guys have capitulated, and I think we're likely to get one more push higher into $90k ish before we get this first big flush.
Chance it happens sooner though.
All i can say, is there will be one, at some point soonish.
This will be a dip for buying, not a dip to sell on.
You can see looking back at 2020 and 2023 tha
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BTC-0.11%
My account might be compromised guys.
Just had a hack attempt and almost fell for it, but stopped before adding other layers of security.
If you get any DMs from me or see this account behave strangely, just know it’s not me.
Hoping to resolve it and get full function back asap.
To everyone who clowned me...
I hope you learn and come back stronger.
I have been wrong many times, and I am not so arrogant to believe I won't be again.
It's a difficult spot to be in.
Not only are you wrong, you are not positioned for what has happened.
It stings.
It stings bad... I know the feeling.
But in life, it is in these moments of failure that we must show up the most.
Do not shy away from your mistakes.
The pain of screwing up won't go away overnight, but the only thing you can do is not allow it to defeat you.
Use the pain as the fuel to grow into a better man.
A better investor.
I have added my first new high-conviction position...
In a very long time.
The market is now primed for these new additions.
It will be joining my other gems:
- $TIBBIR
- $SERV
- $EDEL
As my 4th low cap, high-conviction bet.
I think this gem has the potential to 20x - 50x.
First mover, incredible tech, Robin Hood chain, with a $500bn yearly use case.
Going in big.
Dropping a full breakdown and intro soon.
Any guesses?
We're not far from some insane alt pumps.
The timeline isn't ready for it either.
I have been trying to warn you all for months that this was coming.
That alts were bottoming against BTC, and that this was leading us into the second half of the cycle.
No wanted to know, however.
You've all been conditioned to believe that alts are dead, just as they fully become awake.
This part of the cycle is all about alts, and soon, you will understand.
We are not far away from the first FOMO candles from the 4 year cycle believers who finally cannot take the pain anymore of watching the market move withou
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ALT+1.38%
BTC-0.11%
This is the nail in the coffin for the bears.
As long as BTC closes above $78,900 in 14 hours, it will have closed:
- 1W candle above the 50SMA
- 3 daily candles also above it
The 50SMA is the bear final boss. It has been in every single bottoming cycle.
The price does not push up and above the 50SMA, from oversold conditions, especially on the weekly, if it is in-fact, weak.
It just doesn't happen, and has never happened.
We have never had a period where Bitcoin closes 3 days above it, and makes any kind of low next.
It has always pushed higher.
None of this means that this cannot happen for
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BTC-0.11%
Alts are looking very bullish here.
The bottom formation on OTHERS is incredibly clean.
We have a triple tap, with the 10/10 getting swept.
Then, a strong push up into the first higher high 12 months.
And now, a consolidation around that high.
Very nice price action.
Once this chop is done, I am expecting another very strong push higher.
The best period for alts is not far away.
OTHERS will make new highs over the next 6 months, and it will create conditions we haven't seen for a very long time.
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I think this might've been the biggest bear trap ever.
That move to $58k really did its work.
Only to now deviate back above.
You gotta respect it.
The Market makers really used the 4 year cycle to lead the majority astray.
And it worked like a charm.
Bitcoin has now reclaimed that deviation, and max pain is higher for the sidelined beras.
Once we've figured out this next low...
Send it much higher.
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BTC-0.11%
Nothing has changed with my conviction with $SERV.
At this stage in the market, you just need some patience.
With things popping off left right and centre, it can be tempting to chase.
Everyone wants the fast gains.
But projects like $SERV are the type of plays that one day just moon.
They build for so long, creating such a bullish backdrop, sellers run out, and it begins to reprice to the level it should be at.
It's my highest conviction low cap AI bet.
We did get a little lower than I expected, but this is the game. You just average lower and have patience.
With the 1D RSI most oversold over
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Things are looking great.
ETH is very strong
ETH/BTC is even stronger
Altcoins have broken into uptrend
We’ve reached the point where it’s advisable, and best R/R, to look for new altcoin opportunities.
It’s been a long while since I’ve properly taken on new bags with size, but it’s time to properly lock in.
Will be starting to share some opportunities I think will be strong over the next 6 months as markets move higher.
Exciting times!
ETH+0.41%
BTC-0.11%
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I would expect something liken this for $ETH .
Everyone losing their minds over inflation, hikes, OIL, war, clarity...
It doesn't matter bros.
The chart is telling you how all of that news is being interpreted.
Crypto is back in a bull market, that's it.
We're gonna get chop, we're gonna get swings...
But the regime has changed and higher is now the play.
Don't get shaken out.
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ETH+0.41%
There we have it.
The Bull market is officially back on.
I have spent hours programming this "Cycle Signal" indicator to be able to spot, with very high accuracy...
Each major point in the cycle.
Once we get "Bull Market" after "Cycle Bottom"...
It's done and dusted.
The cycle has majorly shifted at that point.
You'll also notice we didn't get a "Cycle top" signal in October.
That's because it wasn't.
If you enjoy my analysis, and want this indicator...
It is included with a subscription to my newsletter.
Join up using the link in the comment below, and up your investing game massively today!
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We are going to accelerate to the upside so much faster than most people realise.
It could not be more clear.
I have been sharing the ETH/BTC chart for a very long time, highlighting that we have been mid cycle, of a much larger cycle.
ETH/BTC has been one of the clearest charts that has shown us this.
Yet, hardly anyone has listened.
That has been how strong the 4 year cycle spell was.
I do not know how anyone can look at this chart, alongside $ETH , and not see what has been building here.
We now have the bottom confirmed for $ETH, and all of a sudden, this no longer looks like the wild take
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ETH+0.41%
BTC-0.11%
The bottom is now fully confirmed.
The bulls have now reclaimed:
- 1D 200 SMA + EMA
- 1W 50EMA
- True market mean
- 1W Supertrend
- 1W RSI above 55
- Golden cross
- 1M higher high close
Some of these levels could be taken at lost again, but not all of them together.
Even just the 1D 200 SMA + EMA being reclaimed has been enough to confirm the bottom, in every cycle.
But we now have much higher up levels also.
Historically, when all of these bullish reclaims have happened together, the bottom has always been firmly confirmed, every single time.
We haven't taken the 1W 50SMA yet, but this
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This is how bullish alts are.
End of mid cycle correction.
Hope you understand.
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