BTC Cycle top prediction . Expecting a top around marked regions somewhere around march - april 2022
If we reclaim above 50.2K this will be my primary / most probable count where we still haven't completed wave 1 of bigger wave 5 and are currently in wave 5 (yellow) of 1 (orange) of bigger wave 5 which will end around 59-61K region and will give a retrace towards 40K region where I would expect price to take out that liquidity I mentioned on chart before starting...
What about making a perfect bull flag with a 0.382 retracement around end of year on log chart in wave 4 as ABC where majority gets bearish before rise to our mentioned targets as wave 5 . #NFA out of the box thinking
Recent price drop in btc wasn't a surprise for me as I was talking about 52-53K top from a while from both bullish and bearish perspective but now Bitcoin bulls need to be alert coz this bullish count which I made for bulls will be invalidated if we do close a 4h candle below 42.5K and that would indicate bigger ABC is almost 90%on the cards while on the other...
Just a reminder of how $BTC traps people in correction of same degree by bouncing off golden pocket zones of fib extensions before dropping to 1:1 ( see how close it came to 1:1 in 2018 bear market bottom) . And this correction is of same degree of 2019-2020 drop and 1:1 of that is on marked price
Analysis Of BTCUSD based on EW theory + wyckoff + Fractal . #NFA #DYOR
looks like nifty is ready to top out expecting a final push up towards my marked prices somewhere around october to complete wave 5 from covid lows which is wave 5 of higher degree from 2008 lows and cycle wave 3 . After that expecting a bottom in my white box around Q3 2022. #NFA
Expect gold to wick into accumulation box around 2024 and achieve our target mentioned on chart till 2028
analysis based on long term fib channel, elliot waves and time relationship for more detailed explanation see my recent posts i expect bottom around end of year.#NFA
Looks like an interesting fractal. worth keeping an eye . #NFA
This count is based on thinking that we've bottomed out already ( which I think we haven't coz of time relationship with EW). But there's one case which can make this count pretty much valid and probable that's if we get rejected from 52-53K region and then hold around golden pocket zone of last impulse from July (marked on chart) and then get range bound in...
Not a big fan of fractals but this seems like repeating as it was in 2019 bull market. We dumped 62% from top at that time. Also other factors coming in confluence for knowing those check my earlier posts . #NFA
Pretty well respected fib channel during bull phase acting acting as a resistance now on 27th August it's top will be around 52.5K which matches with our earlier analysis.
#NFA #OUTOFBOXTHINKING scenario Based on EW counts , fib channel and speedfan .
this can also happen but i am more biases towards 1st one to mitigate broker .have to look how volume develops for this one to play out.
btc looks in possible distribution here to complete higher timeframe redistribution which can max go to mitigate the broker .#NFA
Reposting from PC :- BTCUSD bullish count for those who think wave 4 has finished .by this we will see 80K by end of year. and for validating this we need to reclaim above 52.5k on higher timeframes with sustainable volume .personally i think 1st count i shared is most probable .#NFA
BTCUSD wave count I discussed in earlier posts indicating ABC correction might have finished (less probable to me). For validation of this we should reclaim above 52.5K with sustainable volume on higher timeframes and also not to loose 40.5K on daily /weekly basis. My personal bias is towards 1st scenario leading to 18-20K