UnknownUnicorn14518531

The trend is bearish and we are ready to see the next big crash.The chart don't lie!

The pattern between DXY and BTC is shown in this chart. It seems that BTC always goes berserk after the dollar runs and is chopping/ranging/accumulating. The dollar just had its most extensive run since BTC inception and now seems to be correcting from the 5th wave. If history is an indication, every time DXY corrects from a run and chops "sideways" for a while BTC puts a new ATH.The BTC run began like clockwork, from 15k to 30k. The confirmation is just around the corner. I definitely believe that BTC is gearing up for a new ATH and will leave a lot of bears behind.

BTC's next ATH is in May 2024.Below is a table with the number of days for each wave and the percentage change for each wave in the last collum. Using rounded numbers for percentages (50, 160, 80 and 65) I tried to spot any pattern to forecast the length (in days) of the next wave 5. E.g: First Wave 3 took 731 days and the second 610 days. 610 days represent ~84% of 731, meaning that the second wave 3 took 16% less time to complete. Now, considering that we are going to the next wave 5 of the second supercycle, all we need to find is a pattern to try to predict the length of this next wave. One pattern observed in the numbers 50, 160, 80 and 65 that represents the percentage changes of each wave is:- to alternate between multiplying by 2 and dividing by 2. Using this pattern, we can see that:50 x 2 = 100160 ÷ 2 = 8080 x 2 = 16065 ÷ 2 = 32.5Therefore, the next number in the sequence would be 32.5 x 2 = 65.853 x 65% = 554 daysNov 2022 ---- 554 days ---- may 2024So considering that 65 is the missing percentage for the next wave 5, we can conclude that the next wave 5 will be 65% of the number of days of the first wave 5. In this case, the next wave 5 that will bring a blow-off top is due to finish around May 2024 from the bottom on Nov 22. Days First SecondDifference%differenceWave 1300 151 -149 50.33%Wave 2153 244 91 159.48%Wave 3731 610 -121 83.45%Wave 4608 395 -213 64.97%Wave 5853 554 -299 65%

As I do not like to hold any single bias, here we go the very credible bear chart of BTC .Retrace to 50k area then sub 5k by 2025.

BTC has just started wave 3 of a supercycle. This wave is getting and will get even more people by surprise. I have seen many desperate people waiting for a decent pullback to get into the market. There are two major groups out there at the moment, the ones calling for a bull trap and the ones calling a retracement which will end at some major resistance (30k, 42k, 48k, 54k). No one (almost no one) is calling for a new ATH this year. BTC had, clearly, 3 major bottoms in the 3k range. from there, it exploded to 69k having two tops very close which in my view is just a deviation. When using larger time frames, we can see that the run from the covid crash to 69K is wave 1 and the drop to 15.5k is wave 2 respecting the 13k / 17k range from the previous top.I believe that BTC will keep climbing from here without major corrections till close to 90k. This move will happen fast, by EOY. it will get hotter and hotter as most investors will watch resistances being broken and support holding strong. When the FOMO pickup, it will be unstoppable and lots of "Chart Wizards" will have to dance in the hot pot explaining why they were waiting for 12k.What this market closely. When this resistance is broken, the FOMO will pick up quickly.

BTC is likely set to surprise yet again. In the same way that people missed the 69k top calling unrealistic numbers like 100k and even 250k, they will miss the bottom, 15.5k by waiting for 12k. The cause of both mistakes is the same force, greed. There is really little difference between 12k to 16,17 or even 20k when considering percentage. The majority of the drop from the ATH has already occurred and the risk of not being in BTC to wait for another drop to 12k or 10k to prove your point is a weak approach to investing. Even if you really think 10k is going to be the bottom, you should at least have already added some to your position at around 16.5k just for the sake of the possibility of you being wrong, which exists, for all of us. BTC is clearly slowly diminishing its volatility and it is more reasonable to think that the drop won't be as big as previous ones. Bears are in a very difficult position right now as the majority of indicators are signalling a new bull run around the corner. What will you do? Wait for 12k? Buy at 22k? Buy at 26k? If next week we jump to 30k, is it a retracement? Is it not? If we go back down all the way to 17k and then back up to 25k? Hard questions to answer. The point is, whoever bought at 15.5k-18k are the one with the advantage now, if drops below 17k they won't feel as much and can add more and if it goes up even better. Your favourite crypto YouTuber is not a trader, they are just YouTubers.

After watching closely the markets for the past months I am starting to turn towards this theory that BTC will have its 5th wave setting a new ATH just below 100K.After that, I also believe we could see a long-lasting bear market for at least 6 years which will enable the construction of the base for BTC to go over 100k.Right now, a few people are happy with the recent pump calling in a retracement. Others are calling it a "bull trap" and are waiting for the promised $12k. Both those people will probably be wrong. If BTC goes parabolic in the next 5 months, the bears would go all in as soon as BTC breaks $50K and the moonboys will be waiting for $160k plus. So, BTC goes to just $80-90K and from there starts is gruelling long bear market recking Bear and Bull in just 5-6 months. I will be positioned for the Alts as I think they are the star of the show now. NFAKeep going!

The BTC bottom is in. This is the last scary candle before the start of the slow rising. One of the major facts that contribute to the bottom is in theory this week was the Donald Trump NFT collection launch, here are my brief thoughts on it:- Donald Trump surprisingly launches his NFT collection in 180 degrees move in his opinion about crypto. He has just launched it now, after FTX fall, after Sam went to jail, very close to XRP settlement, close to BTC bottom and on the Polygon network. - Trump is also an official candidate for the US presidency which makes things very interesting because now his opposition has only two options, take a contrary approach to crypto to attack Trump or make their own NFT to compete and not let him get the benefit alone. I see a next-to-zero chance of Trump's opposition going against the industry just to attack him, that would be very silly, so we are going to have some sort of "Democrats NFT" coming shortly. In politics, if you don't have what your opponent has, you are losing. Trump NFTs are already sold out, if you like it or not, the news about it was all over the place. To catch up, and show that they also can, the democrats will launch their own for sure. This scenario brings a very interesting thing. Having politicians, of the major American parties using blockchain to launch their NFTs, put them in a seat that is hard to condone the industry. How Trump can now criticise cryptocurrency if he is the one using it? I have to admit, this was a very smart move by Mr. Trump.obs: *I don't care if you like Trump or not*I am not interested in the quality of the NFT, just the fact that they were launched*This is not about politics so if you are a trigger-brainwashed militant, please go away*If I am wrong and BTC drops to 12k, bad luck, I was wrong, and that is allLooking okKeep going!

The FUD right now is so big that the crypto market is about to make lots, I mean a lot of people look like a clown.- when reducing the noise you can clearly see that the two phases of the major capitulation after ATH are completed. - from now we only have two options: a] scam wick to 10k bought up in few hours and then retracing to the $48-54k area in the next 3 monthsb] slow grinding up killing the bear of heart attack and anxietyThis is going to be interesting. I want to watch every single YouTuber and "analysts" who are calling to 10k, 8k, 5k. They will dance on the hot pot to explain why BTC is pumping.Not your FA and DaddyLast week. Next week, a lot of bears will be caught pants down.Keep going!

POLKUSDT is forming a double bottom to confirm next weekI have been watching the BTC.D for a while now and it looks very weak. IMO it will set a new ATL in the coming months. Do not be surprised if the alts have a strong rally.Still valid.It looks like an unorthodox double bottom to me. Next week brings interesting things as the BTC dominance is falling and is posed to make a new ATL.