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This channel is for my own personal thoughts only. Not financial advice. I take no responsibility for anyone's losses or gains. This channel will be forever free and I take no donations. Thank you. https://twitter.com/lordmoonbags
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There is no other secret chat and I haven't DM'd anyone in ages
Don't click on links from scammers
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Moved to Friday instead of tomorrow as to when the daily can recovery if we hold > 90k
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We now have a confirmed daily downtrend
Recovery into a new daily uptrend can begin as early as tomorrow
However, we need to hold 89.2k by Sunday night close to save the weekly uptrend
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Weekly level is beginning to teeter
Sub 89.2k is not good and would re-enter the previous cluster range
Level needs to hold
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Day 7 daily uptrend (confirmed)
Working on a week 1 weekly bullish reversal
Took longer than expected but here we are
Believe the level to watch is around 89.2 - 89.4k, want these levels to hold by Sunday close
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Day 4 Downtrend (unconfirmed)
Week 19 Downtrend
No moves until this weekly downtrend is over, no signs of it yet. Expected mid December back in August but currently it is running more extended than expected
Tough to suggest buy the dip unless you are willing to weather an unknown period of downtrending. Once this bottoms, it should rocket imo
If this runs more extended, lets say into Q1 then it will also fit the timeline of an extremely bullish q2 and beyond in 2026
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Week 17 downtrend
Day 9 uptrend (unconfirmed)
Looks like the daily trend is now up although not confirmed yet, we have gotten a decent bounce off the wick at the 80k level now retesting the highly important and clustered 85k level, I do somewhat expect this area to hold as it's a heavy weekly CME close area
Still waiting on Weekly trend to flip bullish before things put in a power bottom
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Recap:
Week 15 downtrend
Day 15 downtrend
Both will be entering timing windows for reversals in the upcoming days/weeks
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The macro bottom will be virtually indistinguishable from a dead cat bounce and those with lesser pedigree will constantly be reminding you of the latter
I have always said that I believed that this 89k to 90k level was going to be hit eventually and the promise has been delivered. Thanks for playing.
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Bitcoin is now red 11 months into the year
Astrological prophecy is now fulfilled
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Average usually 15.5 weeks/16 days, seems plausible both may reverse in the same time window
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Both the weekly and daily trends have confirmed. This means they are capable of making a reversal at any time.
The daily uptrend which has played out mostly as a chop has on average 4 days left on it before it flips bearish but wouldn't be shocked if it flips sooner.
The weekly downtrend has on average 2-3 more weeks left before a bullish reversal.
This pretty much lines up with my August 2023 fractal and although I think of it mostly as a meme, it could be a guideline of what is to come.
We are entering giga hard mode for a bit, best take cover, even accumulation will be difficult in case we get a breakdown.
I have said publicly in the past, the absolute best case scenario is we go back down to retest 89 to 90k as that would open up blue skies for prices to rise in the foreseeable future. But seeing as how they have had trouble bringing this below 100k even with the biggest liquidations in history, not really betting on it anymore.
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For those still following, the recent uptrend was wiped out and price pretty much fell back in line with expectations with a weekly decline, ie I told you so (jk)
However, we're getting close to a bullish daily reversal
A few green days will probably print it
Weekly still in major declining phase but a daily reversal should give a bounce for a few weeks if it plays out
Still on track for weekly reversal to happen some time in December
