Juvssss

Hi everyone, Thank you for considering reading my idea. Predicting where Bitcoin is tough but what we can do instead is try to listen to indicators that marked the top of Bitcoin for the past 3 tops: 2013 at $1100, 2017 at $19,000 and 2021 at $68,000. In this thread, I am just sharing you the monthly RSI where it reach at least 90. Each tops has their unique pattern: 1. 2013 top - even though it reached 90 in the RSI the first time, Bitcoin was able to pump the second time. 2. 2017 top - it also had 2 RSI tops but Bitcoin just rallied until December 2017. 3. 2021 top - this is different since it only have 1 top in the RSI but had 2 tops in price. The second top was even higher than the first top. This pattern have us a RSI bearish divergence where RSI is trending down even though the price is trending up. This top could be different. But we can also see that the top happens every four years. So maybe we can see a top next year 2025? No one knows but following the pattern might give us some clues. Also, just because there is a pattern doesn't mean the next one will follow. Thank you for reading my idea. Like this idea and follow me for more ideas like this. NFA. TAYOR. DYOR. Cheers, Juvar

Hi everyone, Thank you for considering reading my idea. After a failed breakout at 20 month moving average (green line), it's more likely that we will continue the down trend. Target of H&S pattern is at $19.7K. It is also near 0.786 level of fibonacci retracement. Thank you for reading my idea. Like this idea and follow me for more ideas like this. NFA. TAYOR. DYOR. Cheers, Juvar

Possible FIRST TIME Rejection at 20 Month Moving Average Hi everyone, Thank you for considering reading my idea. LEGEND 1. Orange - 20 Month Moving Average 2. Highlighted in red are times when Bitcoin broke BELOW the moving average 3. Highlighted in green are times when Bitcoin broke ABOVE the moving average So far, it looks like Bitcoin is getting rejected by the 20 month moving average. This may be the first time Bitcoin gets rejected in the 20 month moving average if Bitcoin does not break $31K. Invalidation: Break above 31K I am bearish unless invalidated. Getting rejected on a monthly timeframe is EXTREMELY BEARISH. P/s: March 2020 is a black swan event, it broke below but then broke above a month after so I excluded it. Thank you for reading my idea. Like this idea and follow me for more ideas like this. NFA. TAYOR. DYOR. Cheers, Juvar

Hi everyone,Thank you for considering reading my idea.TLDR:- GOAL: Bounce off the 20 week moving average currently at 19.1K (may increase over the next few weeks). This will also form a higher low.- INVALIDATION: Break below 20 week moving average.4 weeks ago, Bitcoin has finally broken above the 20 week moving average for a year. Bitcoin has also formed a higher high since we broke the previous high of 21.2K.Bitcoin has reached the 24.6K resistance where we last saw back on August of 2022. To have a more bullish structure, Bitcoin has to bounce off the 20 week moving average that is currently at 19.1K and will likely increase over the next few weeks.Thank you for reading my idea. Like this idea and follow me for more ideas like this. NFA. TAYOR. DYOR.Cheers,Juvar

Hi everyone,Thank you for considering reading my idea.I'm expecting a little bounce to 19.8K - 19.9K and possible get rejected from there.Thank you for reading my idea. Like this idea and follow me for more ideas like this. NFA. TAYOR. DYOR.Cheers,Juvar

Hi everyone,Thank you for considering reading my idea.Bearish flag/wedge with a target of 16.5K.Thank you for reading my idea. Like this idea and follow me for more ideas like this. NFA. TAYOR. DYOR.Cheers,Juvar

Hi everyone,Thank you for considering reading my idea.On my last idea, I mentioned that we could be forming a higher high but it only went as high as 25.2K (1.272 level of fib retracement or 0.5 level of a bigger fib retracement)I also mentioned it could be an ascending channel which is a bearish pattern. Target of this pattern is at 19K which would form a new lower low.Thank you for reading my idea. Like this idea and follow me for more ideas like this. NFA. TAYOR. DYOR.Cheers,Juvs

Hi everyone,Thank you for considering reading my idea.With the current pattern, Bitcoin has been forming higher lows and now, another possible higher high. My targets are these levels of the pink Fibonacci Retracement:1.272 - 25.2K1.414 - 25.7K1.618 - 26.5K26.5K is also the 0.618 level of the purple Fibonacci Retracement. It's also possible in the next few weeks, the 20 week moving average (white) will catch up until it reached 26.5K.We're also forming an ascending channel which is a bit bearish.Thank you for reading my idea. Like this idea and follow me for more ideas like this. NFA. TAYOR. DYOR.Cheers,Juvs

Hi everyone,Thank you for considering reading my idea.I've been tracking this bear flag since July 9, 2022. We recently went above the pattern and we're now inside it. Technical Target around 13.5K which is also the 1.618 level of a Fib Retracement.Thank you for reading my idea. Like this idea and follow me for more ideas like this. NFA. TAYOR. DYOR.Cheers,Juvs

Hi everyone,Thank you for considering reading my idea.We are trying to break the 200 week moving average (yellow line) but now we are below it. I am looking at S1 @ 21K and S2 @ 20.2K as support to make a higher low then make a new higher high.Breaking S2, I would consider going back to previous lows at 17K or maybe dump even more to 16KIf we break R1 24.7K, the next level to reach is 29.2K (0.382 level of Fib Retracement + the 20 week moving average).Since we got rejected off of R1, I am currently short unless we bounce off S1 or S2 then break R1.Thank you for reading my idea. Like this idea and follow me for more ideas like this. NFA. TAYOR. DYOR.Cheers,Juvs