Bitcoin's Correction Ends Aug, Sept Or Nov? $20K, $30K or $40K?

7 ago

Happy day my fellow Cryptocurrency lovers, traders and buyers; this is the situation in which we find ourselves in right now... Please, allow a few minutes of your time to see if we can understand ourselves; the game is changing.

Remember back in 2022 we had this very urgent question, we were wondering if after the June 2022 low we would get a higher low or a lower low in November 2022. Regardless of a lower or higher low, we knew that Nov. 2022 would be the end of the bearish cycle and the start of the bull cycle; we have a similar situation today.

Bitcoin produced a major low now, this August, and we are expecting some really strong, "challenging" action in the coming weeks, between the 15th-21st Aug., or simple late August. But the game is changing as I write this.

➖ We cannot go by past history.
➖ We cannot go by "the halving event," nor by, "this is what happened 4 years ago," etc.
➖ We cannot, buy why?

Because price dynamics are completely different this time around; the old map changed and this is because we now have big players within us, the institutions are now part of the game and we must adapt.

The first thing is an expansion of time.
Add 3-5 months to all previous calculations into the future. It is too soon to reveal this but, instead of 2025, consider 2025/26. This is a bit cryptic but it has to be like this.

Many players, many participants from all around the world;
Many great Altcoins projects; lots of power and money involved.
The game is not controlled by a small few, there are now many forces battling for control.

We have a new question, similar to 2022; Will the correction end in August, September or November 2024?

This will be very interesting to see and watch, to try and guess.
We have data but this data is harder to read now because the map is no longer the same.

Will we get a higher low or a lower low in November 2024?
After the strong bearish action we will get later this month?!

Remember, there can be a bounce now but this won't mean that we will no longer expect a lower low.

I am waiting for your comments, based on what you share, we might be able to connect the dots.

Give us real input, real data, real information... And we might be able to figure this out together; all of us.

Thank you for reading.

And thanks again for your continued support.

Thanks TradingView, always doing an amazing job.
The new platform is awesome. Keep it up.

Namaste.

10 ago

Nota

🅱️ What If There Is No New All-Time High In 2025?

I mentioned this dynamic that is developing with the altcoins, it is written in the XRPUSDT trade-idea.

There is an alternation process where those projects that performed strongly in one year performed poorly the next. For example, Dogecoin performed strongly in 2022 but poorly in 2023. Ethereum Classic performed strongly in 2022 but poorly in 2023.

FetchAI performed strongly in 2023/24 but is likely to perform poorly in 2025... But what about Bitcoin?

Bitcoin performed very strongly in 2023/24; can it perform poorly in 2025?

Is Bitcoin's bullish run being moved to the year 2026?

Namaste.