Sykodelicc

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The odds for higher massively outweigh lower.
The 200w SMA has only ever been lost once in Bitcoins history, and that was in 2022.
What makes it so notable is that the chart literally sliced straight through it without any resistance.
Before that time, a weekly candle had never truly closed below it.
Fast forward to now, and Bitcoin has only closed one candle below it out of the last 7 weekly candles.
And the week after it closed below, it closed straight back above.
In short, any time Bitcoin has respected the 200w SMA like this, for this long...
It has never gone on to fully drop below.
This
BTC-0.94%
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The macro continues to show large expansion on the horizon.
The 3W COPPER/GOLD Supertrend has now flipped bullish.
Every single time throughout Bitcoins life, whenever we have had COPPER/GOLD bullish on all the HTFs, with business cycle in expansion...
It has preceded every single one of Bitcoins largest parabolic expansions.
From the Supertrend flip, 2017 and 2021 runs lasted a minimum of 364 days.
With Bitcoin macro bottoming here and beginning to show strength...
We could be starting our at least one year run.
XCU0.31%
XAU1.60%
BTC-0.94%
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The $60k low continues to be our macro low.
And we are now putting in the work to cross the first major hurdle of confirming this with the actual price action.
Bitcoin is pushing above $66,000 here, and although it is early in the week, a weekly close above here signals to us that the move lower was a HTF deviation to the 200w SMA.
Once we have that, next it will be back to $74,000 to really get the confirmation that we have totally bottomed and the highs will be coming fast.
You all know my views, I have been of the mind that $60,000 is the major low of this correction and that we will be bac
BTC-0.94%
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This is called time pain.
1.5 months trading between $58k and $64k.
Investors going mad over whats next.
Funny thing about markets is that once this time pain is over...
Bitcoin will move more in once candle than it did during this whole period.
And it will come out nowhere.
BTC-0.94%
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The world is a stage.
You think anything that happens in global markets is random?
It is all controlled.
You just have to look at the OIL chart to see it.
Tensions literally began when OIL retested a very key level.
Literally bounced off of it because tensions started again as it touched it.
Now it is retesting the underside of the highs and will probably be a reason that it drops again for a bit.
Until it hits the next key level and some news comes along so it bounces.
Nothing is random.
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Where we are in the market is extremely simple.
Emotions are noisy - data is not.
Here is what you need to understand.
Right now, we have:
1. Highest amount of Longterm holder supply ever
2. With the highest amount of STH + LTH supply in loss
So LTHs are buying and holding more than ever, and we know they are happy to hold them underwater, because their supply is in the highest loss ever.
All these numbers are greater than every previous bear market bottom, ever.
In addition to this, the total numbers of Bitcoins in a loss reached its highest level ever at 10.79m coins, surpassing 10.53m in 20
BTC-0.94%
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The momentum is quietly building.
US Liquidity is making new local highs since it double bottomed in November.
US Liquidity is now the highest it has been since the Bitcoin top last year.
And both the US Liquidity chart, and the Bitcoin chart, are moving in lock step with how they did in 2019/2020.
I'm not saying that US Liquidity is going to increase the same way it did in 2020.
But it is not going to stop increasing from here.
BTC-0.94%
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Really good things happen when ETH/BTC is above its 3D 50EMA + SMA.
And its pushing above it right now.
Whenever ETH/BTC is in a macro uptrend, and it reclaims the 3D 50 EMA/SMA, $ETH has always gone on to run.
At this moment $ETH is looking the best it has looked in a long time.
ETH-0.91%
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Here is my portfolio heading into the rest of this cycle.
Large Caps
- ethereum:native
- $SOL
- $TAO
Small Caps:
- $TIBBIR
- $SERV
- $EDEL
Who is holding any of these?
And what ones should I be adding?
ETH-0.91%
SOL-1.30%
TAO-2.30%
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It's so close bros.
Its just one little black line at $65,500.
Above that all of your hopes and dreams come true.
You'll get the girl, the car, the fuckin life you want.
It's all there.
Just one line.
We cross it, we're so fuckin back bros.
New highs, new life, new everything.
Just one line.
Below it tho...
DEATHHHHHHH.
You get nothing and end up being the piece of shit you knew you always were.
One fuckin line.
What's it gonna be?
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Once the $SERV chart breaks its high...
It's going to expand very aggressively.
The chart is just one big rounded bottom that is gradually working its way higher.
The amount of energy that is building up is immense.
What we are likely to end up with is one large cup and handle, with a strong ATH break over the next month or so.
Been adding at these lows and feeling v comfy in this bag.
I expect it to be one of the biggest runners when alts really begin to catch a bid again.
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This would be very positive for alts.
If $ETH confirms this break back inside the range we could have a decent PO3 on our hands here.
With a target of $3,475.
What we want to see for confirmation is first a daily close above $1,820, and then a weekly one.
What do you think?
Is $ETH gonna for it?
ETH-0.91%
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I don't know who still needs to hear this...
But $ETH is the total opposite of bearish here.
ETH/BTC is telling you the way, and you are ignoring it because you are scared.
When ETH/BTC breaks diagonal resistance like this, it is not bearish.
It has never been bearish.
This kind of long term trend break is a very bullish thing.
I have been banging on about the mid cycle correction and comparisons to 2019/2020, and this is one of the biggest ones.
Since the ETH/BTC bottom, it has been 455 days.
Back in 2019/2020, ETH/BTC was in pretty much the exact same position after 455 days as it is right n
ETH-0.91%
BTC-0.94%
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My_Power:
LFG 🔥
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One of the strongest reversal indicators fired two weeks ago.
This is the most reliable reversal indicator i have found to date.
If you sold heavy or bought heavy every time these occurred, you would win very well.
As you can see it mainly triggers on highs, and it catches pretty much every single major high.
The only time it has flashed a bottom signal is:
- 2022 low
- Two weeks ago
What is also interesting is that both of these bottom signals are accompanied by a bullish divergence.
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I'm not really not sure how anyone can deny it.
Where we are is almost an exact mirror of 2019/2020.
This is mid cycle correction and we are going to go on and achieve a full cycle high next.
In this chart US Liquidity and Copper/Gold show us where we are.
Not only are they both in the exact same position, Bitcoin has also completed the exact same correction.
We now have Copper/Gold and US liquidity turning up, just like they did before Bitcoin in 2020.
These similaritoes are uncanny.
You cannot find anywhere near this level of similarity from anywhere else in Bitcoins history.
We may have cor
BTC-0.94%
XCU0.31%
XAU1.60%
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This is a huge data point to understand.
The TOTAL Crypto market cap has reached the same levels of oversold as both the:
- 2020 COVID low
- 2022 Bear market bottom
It's actually overextended the 2022 bottom.
And this is based on the 1W 300D SMA.
But what is most interesting about this chart is how this Bitcoin bottom has combined different elements from 2020 and 2022.
We have a macro low sweep + 1W Bullish divergence like we did in 2022.
And we have a shorter time period to the bottom, 259 days, like we did in 2020.
As my loyal followers will know, I believe we have bottomed faster because wh
BTC-0.94%
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This is a massive level for $ETH .
Break back above $1,820 with strength and this recent breakdown is a deviation.
$ETH bottomed respecting the Wick low trend set back in the 2022 bear.
It's not trading:
1. Above the wick low trend from 2022
2. Below the recent range breakdown
3. Below the Candle body trend from 2022
Back above $1,820 and $ETH is back above them all.
ETH/BTC also signalling that this likely isn't a nothing burger.
Back above $1,820 and things improve quite quickly imo.
ETH-0.91%
BTC-0.94%
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The markets do not care anymore.
War FUD, interest rate fears…
Doesn’t matter.
It’s not stopping the train.
Hate to break it to the doomers but SPX looks insanely bullish.
This is not a bearish chart sers.
Another big leg is loading for equities here…
And on this one Crypto isn’t just going to follow.
It’s going to outperform.
SPX0.33%
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This is an alpha chart.
It tells us two very important things.
in the middle, in grey, we have the mean reversion index.
The Bitcoin Mean Reversion Index measures how far the current price of Bitcoin deviates from its historical moving averages.
Price spike up and down, but eventually always move back to the averages.
What we can see here is that the mean reversion index is already reverting back, in the exact same position it was during the lows of the previous bear cycles.
Its in an almost identical position to the low of 2022.
Secondly, at the bottom, we have the overextension and deep
BTC-0.94%
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GateUser-ac9a452b:
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