Bitcoin's 2024 Cycle Top: 3 Peaks and a Domed House

9 Oca

Tops are never easy to call. The Bitcoin cycle top won't be the same as the previous one. It appears that the cycle tops so far are:

The gods are rotating all the classic patterns

- 2017 Cycle Top: Classic Blow Off Top.
- 2021 Cycle Top: Double Top.

We posit that the current Bitcoin macro cycle will end early and December 17th, 2024 at 108K was Bitcoin's Cycle Top.

The topping pattern this cycle will be 3 Peaks and a Domed House

Reasons
- It's Bitcoin. An 80 vol asset. It can do anything which is actually a feature.
- Did you really think Trump cared about Bitcoin? Thanks for your votes, and he gave you 100K. You're welcome.
- No Bitcoin Strategic Reserve. Imagine thinking it will be passed by Congress.
- MSTR DCA price is a target at $62K is a taret.
- Bitcoin ETF buyers think it will be UP ONLY for them? They need to experience a large bear market shakeout and start calling Bitcoin a Ponzi scheme to truely earned their stripes.

27 Oca

İşlem aktif

The trade is still active. A new point 25 was printed last week, but the Dome House remains intact. Short all pumps going forward.

25 Şub

Not

The Domed House is now confirmed on the daily.

"Buckle your seatbelt, Dorothy, 'cause Kansas is going bye-bye."

26 Şub

Not

Domed House confirmed on the 1D and 3D. Trade is still active.

4 Mar

Not

We just had a Bearish Retest with the weekend Trump Pump.

The plan remains the same.

Domed House will be confirmed if weekly candle close under the neckline.

dün

İşlem kapandı: durdurma seviyesi

3 peaks and a domed house pattern invalidated.