BITCOIN. Yearly CAM. road to 100-200k? Cycle comparison
Updated
This chart takes the 2015 - 2018 and compares it to 2020-2023
Camarilla levels from daily up to yearly. use previous time frames prices action and plot next levels on the first of the years.
(Example last 2020 Jan 1st. It plotted H3 and L3 (top and then bottom during covid scare) which is interested because on Camarilla pivots . H3 to L3 is just the projected range from the algos. I guess it is a good thing we had some fud to "explain them". How though.... did on January first. 2020.... did camarilla plot the H5 which was the breakout upside target... that got hit exactly on the last day of the year. Even though it was plotted 365 days earlier during supposed bear covid times.
I am not here to convince you that the precedence of algos in the markets being more meaningful than institutions. However, These levels and their practice still get plays, reactions, and reached.
Where are we now? We finished last year at H5... had a retrace after the yearly close. and to my surprise. We broke up and OVER the new yearly H4. Generally, in camarilla levels, that means to aim for the breakout target H5... which is waaaay up there. 200+K
SO I sat down. I looked at all these yearly levels. and looked at the last time this series of bullish after the bullish event has happened based on the self plotting levels the camarilla system has come up with for the yearly levels.
I was very shocked to find myself considering (where before I compared this year to 2017/2018) but I now am considering that we are actually in 2016. of a cycle. that will potentially see 110k this year and perhaps 200+ in 2023. That is if the habits and levels operate and the exponential growth factors turn out to be real.
not trolling. I myself and normally a bear at heart. Actually, there is cause to be nervous despite those targets because of how price operates on these Red levels which I made a not of.
Take a look. Take a read. Pay close attention to the price. its relationship with the levels. and the order of events. (like looking in a mirror if you can wrap your mind outgoing pivot by pivot and get bogged down with price considerations) from 2015 and early 2016.. and 2020 and early 2021 so far. I hope you enjoy the thought. good luck
Camarilla levels from daily up to yearly. use previous time frames prices action and plot next levels on the first of the years.
(Example last 2020 Jan 1st. It plotted H3 and L3 (top and then bottom during covid scare) which is interested because on Camarilla pivots . H3 to L3 is just the projected range from the algos. I guess it is a good thing we had some fud to "explain them". How though.... did on January first. 2020.... did camarilla plot the H5 which was the breakout upside target... that got hit exactly on the last day of the year. Even though it was plotted 365 days earlier during supposed bear covid times.
I am not here to convince you that the precedence of algos in the markets being more meaningful than institutions. However, These levels and their practice still get plays, reactions, and reached.
Where are we now? We finished last year at H5... had a retrace after the yearly close. and to my surprise. We broke up and OVER the new yearly H4. Generally, in camarilla levels, that means to aim for the breakout target H5... which is waaaay up there. 200+K
SO I sat down. I looked at all these yearly levels. and looked at the last time this series of bullish after the bullish event has happened based on the self plotting levels the camarilla system has come up with for the yearly levels.
I was very shocked to find myself considering (where before I compared this year to 2017/2018) but I now am considering that we are actually in 2016. of a cycle. that will potentially see 110k this year and perhaps 200+ in 2023. That is if the habits and levels operate and the exponential growth factors turn out to be real.
not trolling. I myself and normally a bear at heart. Actually, there is cause to be nervous despite those targets because of how price operates on these Red levels which I made a not of.
Take a look. Take a read. Pay close attention to the price. its relationship with the levels. and the order of events. (like looking in a mirror if you can wrap your mind outgoing pivot by pivot and get bogged down with price considerations) from 2015 and early 2016.. and 2020 and early 2021 so far. I hope you enjoy the thought. good luck
Note
looks like there is one more thing in common with this past cycle comparison. That the squeeze is happeneing around the same points and levelsNote
just wanted to point out another thing happened exactly like 2016 so far in line with the yearly cam levels. we have dropped and hunted under the yearly H3 and h4 after passing them. if those get retaken I am convinced we are not in a bear market. but rather going to move upwards and 2022 will be the comparative 2017
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