Ever since June 2021 I have had two scenarios playing out for a Bitcoin cycle top.
December 2021 and April/May 2022, The TA below shows just that , two Cycle peak zones.
By the end of July I came to the conclusion that it was highly unlikely for December 2021 to be the cycle top so I focused more on my second cycle peak zone April -May 2022.
Why April-May 2022? , how on earth did I even come up with such a timeframe? The reason is Chainlink ,I have been using the same Chain Link/Bitcoin dominance chart for 3 years for trades with 100% success right , 100% how is that even possible? Well I play around with fibonacci time sequences alot and even link sequences together that have not even triggered yet in the future and in doing so sometimes you get sequences that play out to the exact day.
What you see below is a Fibonacci sequence that has played out perfectly on every count since I discovered it late 2019. Since then every trade based on this Fibonacci time sequence has resulted in massive moves.
Fib Time Counts :
2 Feb 3 2020 - 71% 3 June 23 2020 - 345% 5 March 29 2021- 88% 8 May 23 2022- ???
So what does the next count bring? This is the longest Fib time sequence I have been following ,for nearly 3 years waiting for these Fib counts to play out and it's been extremely profitable so far. These sequences act as pivot points most of the time , if you follow my profile you know that I use this tool a lot , sometimes you get amazing reactions and sometimes you get nothing. I think the next count brings the cycle top for Chain Link on May 23rd 2022 which connects with the same Fib time sequence as the Crypto Total Market Cap Excluding BTC! The next Fib sequence is guess what! May 16th 2022!
I can go on and on showing all the Fib sequences that line up around that time but I have chosen two of the ones that started this whole idea of a cycle peak April/May 2022. So far the Altcoin market peaked 28days after a Bitcoin cycle top in 2017 and 19 days after this Bitcoin mid cycle top this year at 64k April 14th 2021. So it is possible that Chainlink Fib sequence could be a clue into the Altcoin market top which puts Bitcoin cycle peak then possibly late April to early May 2022.
There is also a litecoin Fib sequence that could be playing out right now that again shows the next count to be 30th April 2022 or 5th of May 2022 and since litecoin mirrors Bitcoin it lines up with a cycle peak early May with the altcoin market peaking 15-20days after which connects with the Chainlink Fib sequence.
So how do I know the final leg is starting? Well what you see in the chart right now playing out is a perfect textbook 8/1 Gann ratio setup. The perfect setup has finally come , all conditions are now met for liftoff.
First attempt failure at 8/1 Gann , which normally happens on marco Bitcoin moves (RedBox) Breaking the 8/1 Gann ratio (Green Box) Coming back down and retesting as support(Yellow Box)
In the TA below dated October 12th 2021 I go over the idea that Bitcoin needs to come back down to test the top of the 8/1 Gann ratio but by the end of October I figured it's not coming back down. At a 65k Bitcoin and so far from the 8/1 Gann you get the idea that there is no way in earth we come back down to 46k but here we are over 60days after breaking the 8/1 Gann we came back down and tested it as support and completed the perfect setup.
As always nothing is 100% in this market but the 8/1 Gann setup like this on a macro scale for Bitcoin has an extremely high success rate.
Targets for this bullrun
Bitcoin -185-200k Chainlink -200 ETH -14000 ECOMI -0.03(0.10 possible with they announce pokemon NFT before april 2022 and get coinbase listing )
And there it is, the perfect 8/1 Gann setup that will make human history when Bitcoin passes 100k.
“It might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self fulfilling prophecy.” — Satoshi Nakamoto
Заметка
Don't let this choppy price action distract you there is bullish divergence building up on OBV , should come to a conclusion in 72hours.
Заметка
Everyone is calling the end but for me Bitcoin coming down to the 8/1 Gann ratio is the beginning until we break it nothing changes and now we even have a descending wedge forming into the top of the 8/1 Gann ratio ( ͡° ͜ʖ ͡°)
Заметка
Price is compressing the move will happen soon .
Заметка
The Satoshi Prophecy will be fulfilled ,the 8/1 Gann will not be broken.
Заметка
have a look at the updated chart
Заметка
Remember that closing price above the 8/1 Gann gets lower everyday today its 46k tomorrow 45.9 and so on, about 100 dollars a day lower but really take a look at the updated chart above
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.