GigaJak

I'm longterm bullish on BTC for generational wealth. I think it will keep going up, but not every year, we're approaching what should be the top this cycle or may have already hit it at 123k. I think the drawdown will come faster than previous cycles due to the nature of the cycle and preparedness of whales, institutions, and retail for it. Based on the 3 previous cycles and assuming 123k was the top on Aug 12th, using decay models the target is roughly 50k by December 9. That would be the bulk of the bear market move, but there would hypothetically be a little more drawdown afterward. I hope it's not this bad but just as a reminder to myself and anyone else that views this I thought this would help prepare for the worst.

Last cycle top and this cycle look identical from this angle. Its going to be hard to push through this top and make a new ATH in my opinion. the more the cycle looks the same, the more fear, and more dump. Self fullfilling prophecy here.

I thought the downtrend would end sooner, but atleast sentiment does seem to be picking up and we are getting higher lows. We had a 4 Hr 50/200 MA cross that sent us down a ways, plus some market manipulation creating an LL pattern. However, I think as we cross into the new year we will see a major reversal and what I'm calling Trump Pump 2.0.People are starting to BuLLieve BTC will be great again. HODL.

BTC selloff after Powell's comments Wednesday took us down to the 50 day MA. A correction I've been anticipating. This occurred multiple times on the way up last cycle. The selloff produced a descending broadening wedge on the way down. This often leads to a reversal and that's what I'm predicting and starting to see unfold. My target is 102.3 but i'll be moving SL up as I go.Coming up on 100k and I'm not selling. Lets go.Should've sold. Perfect TA, perfect plan, terrible exectution.

It's like taking candy from a baby folks. This is classic elliot 5th wave coming and its trending to the highside of 1.68. LFG. Aave is one of the few coins with real utility. I use it, and love it, have you tried leveraging?DefiSaver is a better interface that links up with major crypto currency leveraging platforms like AAVE also suggest trying them out. If you haven't already. DO IT!GOIN STRONG. What yall think is going to happen when rates drop?

Taking a step back and looking at BTC's chart and it's the most beautiful chart I've ever seen. First of all the biggest cup and handle in history. It's right there. Trading view's own indicator puts a target all the way up to 125k. That's a big deal! One that will provide the gasoline to get this fire started. Obviously, it's just an indicator but I think this one has significance, I couldn't draw a better cup and handle with pad and pen. People shorting will be asking themselves soon, "what the heck was I thinking?". Anyways, that's just one small catalyst. The fact is the ETF's have poured in massive amounts of capital into BTC since January. The fruits of this inflow have not truly materialized. There was a new all time high in March, yes, that was nothing. Capital tightness and high rates have kept the crypto sector down for long enough. Get ready folks, strap in, this rocket is leaving soon! LFG!

Using Fibonacci and lower support lines I'm seeing something like this playing out. Ethereum bounces around above the lower support until November and then picks back to 3360-3600 after Trump's elected. From there I think we move sideways some more, but shortly after reach a new ATH around 5150.Basing some of this on ETH's underperformance compared to BTC, yet nearly all the crypto development this year seems to have been centered around Ethereum. Also I recall BTC value dropped significantly shortly after the ETF's opened in January and now something similar has happened with ETH. Anticipating significant increased ETF inflows considering how undervalued it is and as rate cuts take effect.Let me know your thoughts!