Orriginal.Crypto's avatar
Orriginal.Crypto
orriginal@nostr.com
npub17lpp...zeru
I have been a long term supporter and user of OPENSOURCE and while I do not create code etc, I do give what I do freely and I make donations when I want to and always give thanks Long Term Bitcoin chartist Going Blind and making the best of what I can and living life to the best of my abilities And I NEVER let things Grind me down, otherwise known as a Stubborn bastard ;-)
Bitcoin still on the rise Vertical dashed line is 25 Dec This years target Is that 1.382 Fib line maybe - will the 2 meet ? MACD starting to turn RSI already falling - Histogram falling Could be hidden BEARISH Divergence inside the Bigger BULLISH Divergence Watch DXY $ and BTC.D image
Why have I been saying "Be Bullish Cautious" The 1st image is of the Push to the March 2021 ATH and PA this time round has repeated this with remarkable accuracy but over a longer time period, as can be seen in the 2nd Image of 2024 This leads me to think there is possibly one more Push before a large Sell off. That 100K target is Calling loud and strong, providing Market remains Bullish The 3rd Image is the NUPL ( Bet Unrealised Profit Loss) and to keep it simple, Just look where the Real ATH's are in the past ( vertical lines ). Every one is in the channel we just entered. We can stay here for Weeks So, if we follow the idea % Rise and Drop of PA and we look at the NUPL, we need to be Cautious that PA could be near an ATH that may turn over anytime Longer Term, I see another push higher after this point but this may not be till Spring or later next year. The Bull Run is not over this December but maybe not till December 2025
DXY $ since Jan 2023 We can see that DXY has been ranging since Bitcoin began it Rise to its current New High So, Whats Next for DXY $ ? You will notice how it broke out of range and has since dropped back in. It did that once before in Oct 2023, after which it ranged for a month before falling back to the lower Trendline and it did not reach the upper line again until April 2024 I have included the MACD and RSI in this image as, to me, it all looks very Similar and that leads me to think that this could be repeated if the Macro situation remains the same. BUT the USA has now got a New "Boss" and he is already shaking the tree.... and this maybe Good or Bad for the $ Last time Trump was president, the DXY Ranged really with a Range high low of 25%, falling initialy but recovering for the majority of his time in the White house. Current range is 7% and, as mentioned, sitting at Range high The Traditional Financial world waits to see where this will go next. Large Wars do not make the DXY rise on the whole. We all wait and as ever, Time will tell image
There are a number of things to Note on the Bitcoin Weekly chart today First and foremost is that PA has remained above the trendline that, once crossed, has, historically, led to PA reaching to the upper trendline and creating the Real ATH of the Cycle. PA also closed Green on the Weekly candle, higher than ever before. Selling has slowed despite the price rising, People are realising that to sell now may be STUPID The MVRV Z score is Excellent. the Green Z Score has crossed over the MVRV line. This ONLY happens when PA is en-route to the real ATH The Mayer Multiple has also crossed over its own MA. We really could now be on the way folks. The next 12 months will be emotional but what ever happens -> DO NOT SELL YOUR BITCOINS
I have been trying to figure out where BTC is going next and I am STILL saying that CME Gap is a very possible target at some point in the near future. Maybe Weeks but , as always, in a Bull Run, which I believe we have now entered, Gaps can be ignored MACD & RSI OverBought Histogram falling PA may Range again for a long time but a Dip while doing so is a high probability
Been posting this for nearly 2 years around the place The 2013 -> 2017 BTC ATH PA Fractal superimposed on Current PA. It is a no brainer. Only reason we fell below Fractal so much in 2022 was because of pressure from FED, causing the Collapse of LUNA and FTX and Others We got back on track early 2023 And we have follwed it ever since. Still so many doubters image
Why I believe the REAL Bitcoin ATH will be this time next year Lots of evidence points towards current PA following the 2013 - 2017 Fractal including Aug, Sep, Oct Montly Candle close colours for 2023 and 2024. identical to those of 2015 and 2016 Also as can be seen on chart, the day count between ATH's The 1st ATH in March 2021 was NOT the real one and was a result of Sudden publicity and FOMO. The same may happen again this time round. Look at the ATH dates, November or December But one of the biggest reasons is a technical issue called "OverBought" The recent push up and possibly the continued push WILL require PA to reset at some point and the push high from Jan 2023 to the ATH in March this year ( which is NOT the end of a bull run ATH ) required PA to reset for MONTHS, in fact, it took from March 2024 to Oct 2024 before MACD has reset enough to be able to make a new move. 8 Months We are VERY likely to do the same We also have the day count between Halving and ATH to take into account. and this works out too.. Final ATH in Autumn / Winter 2025 There is so much more involved in this too that I will not explain here. You have seen my previous charts, you will know. HOWEVER, Real world events are making a huge difference and with the arrival of new Ethics concerning Crypto worldwide, things may change. But for now, I continue with the 2013 to 2017 ATH fractal....It works, it fits Look at the chart Look at the numbers image
Last post for now PAXG PA (orange) over the Bitcoin Price ( yellow) since March 2021 It is a no brainer. When BTC goes down, PAXG goes UP on average Forget selling out to USDT or another $ backed stable coin because as that looses Value, so do you Watch PAXG & the $ and decide which is best image
THIS is Bitcoin direct traded to GOLD See how BTC has gone Near Parabolic against Gold As a consequence, it is Vastly overbought now A pullback is highly likely Traditionally, people sell out to $ stable coins but if $ looses Value, you also loose. GOLD is likely to RISE Use PAXG or Gold image
This could be Telling PAXG Daily chart Pax Gold (PAXG) is a gold-backed cryptocurrency PA back on support and look what happens previously Is this telling us that BTC is about to pull back ? The 2 Vertical lines on the left are ther previous 2021 BTC ATH What happens when BTC PA Falls ? Be Ready image
Bitcoin 4 hour PA still in pennant & with Apex tomorrow morning, we can expect PA to move before that PA ALWAYS moves before APEX Question is Which direction MACD & RSI over Neutral and falling Still looking to that CME Gap as a potential Move A move higher is also possible Impossible to say which image
Everyday, EVERYDAY, I ask myself the same question. It is like an addiction that self harms. And yet, I find myself unable to react and do what we ALL know is the ONLY Cure to this problem Yet, I know, If I sell, I will watch it like a man possessed. The Question ? WHY THE F*** DO i STILL HOLD XRP image
SOLANA I do not often post ALT coin charts but this is just so BULLISH. Apex in March 2025 PA Always reacts BEFORE Apex For those that do not know, This is a BULLISH PENNANT And it usualy leads to a price increase. SOLANA is a project that has Flourished in recent years. Also known as an ETH KILLER image
TOTAL Crypto Market Cap We have Broken away from the danger zone and is in Price Discovery What lays ahead ? Is the World Flat ? Are there Monsters over that horizon ?? We are the new Explorers.... Will we find Eldorado ? Will we find King Solomaons Mines ? image
I have waited for this moment for YEARS and we are so close to seeing a new ATH on the Bitcoin Gold Direct Trades. 1 Bitcoin will currently buys you 35.742 ounces of gold ! But we are not up to the Ingot price yet I am afraid. Thats 350-430 troy ounces But one day....................๐Ÿ™‚ image
4 x 4 1 hour charts Bitcoin - GOLD DXY $ - S&P500 It is rare I show 1 hour charts but lots going on and it is even rarer that we see BTC running high along side the DXY $ And even rare still to see this AND GOLD DROPPING We are witnessing a New era beginning Ladies and Gentlemen image
At Time of writing TOTAL Market Cap = + 4.45% TOTAL2 = + 2.29% TOTAL3 = + 2.16 OTHERS = + 2.06 There really is ONLY ONE There can be ONLY ONE BITCOIN IS THE ONE The Recjoning is upon us
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