Forget all the charts about $BTC, ignore them, and bookmark this chart 💯 Because you don't need any other chart. This chart is one I shared for retail in good faith, without any engagement motive, examining the past and the future in the most meticulous way possible. Don't waste your time every day with charts that keep shifting in every direction just for engagement. I will try to explain it well, and now you are finally going to learn this! 🤝


As someone who managed to say SELL at the right places on $MSTR-BTC, I am starting!
Let me begin with my RSI-EMA indicator below. It is an indicator I wrote myself, and I adapted it by using all of BTC’s history and backtesting it, and as you can see, there are no false signals. After the areas I circled in red, BTC enters a bear market. You can also see how it worked at the 2021 double top, the SELL signal came at exactly the right place. If you remember, when the cycle ended and everyone was saying it was impossible, I said this was over for me. This indicator is the foundation of that view, and I also shared it with my group friends. The green area below, meanwhile, means there is still room for the bottom and that the bottom has not been found yet.
Anyway, the blue dashed lines are time lines, and as you can see, they track the cycles very well. If the cycle doesn't break, make a note of this, it says the next top could come in November 2029. If the whole cycle breaks and moves into a different phase, then I will also try to adapt dynamically to that.
The fibos also worked very well as support and resistance. Everything else already has to be in harmony with them. BTC is currently holding the $66,680 support. At the same time, price is holding the orange EMA50. Right below that, there are supports at $56K and $46K. These supports are aligned with both EMA and fibo. That kind of confirmation is already necessary for a healthy analysis. If things get ugly, that means there is this much room below. In other words, the probability is very high that the bottom forms between EMA50 and EMA100, meaning within the wide $65K-$46K band. Yes, I know the band is very wide, but I don't buy an instrument while it is falling anyway. I buy when all the conditions for entry are met. A bottom formation also needs time.
So can the bottom not form right here immediately? If the U.S.-Iran war had not started and the Fed rate cut cycle had not been delayed, that would have been possible. It still may be possible, but I don't act based on coincidences. I don't care where the bottom will be or where the tops will be. I have my own entry and exit principles, and I act according to them. Of course I have my own predictions too, but those stay with me.
What I wrote here is not for marketing purposes, and ignore the posts that are. Either they don't know what they are doing, or their goal is engagement. Save this chart and always compare the other posts to it.
Last sentence, what happened to Global M2? Those who follow me already knew that this was meaningless anyway!
My only request is that if you like this post and repost it, I will be able to reach more people
BTC-0,24%
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