Bitcoin is nearing the end of primary wave 2 of cycle wave A of supercycle wave 2. Primary wave 2 has taken the form of a zigzag. which would indicated a future 4th wave of the same degree to unfold as a sideways correction. From the beginning of the Bitcoin price record, the crypto king has carved out a standard impulse wave. Cycle wave 1 was extended, meeting the guideline of … [Read more...] about Bitcoin Macro Scratch Count and Ratio Analysis
Micro Count Muster – Late November 2023
The US Dollar Finds a Bottom
The US Dollar Index has found a bottom before it continues it's historic rise. Since July 18th, the dollar issued a massive 12 week rally resulting in an impulse wave with both a third and a fifth wave extension. The resulting correction, labeled as wave 2, appears to be finished, or very close to finished. Wave 2 carved out a double zigzag that has perfect Fibonacci … [Read more...] about The US Dollar Finds a Bottom
Fibonacci Analysis Supporting a Bitcoin Top
We have a count to support Bitcoin having topped for the current major wave degree as discussed in the latest post. Whether that wave degree is a B wave correction or a second wave remains to be seen. Now lets take the analysis one step further and find some supporting evidence. The first aspect of this wave structure I will show you is time. Assuming a three wave zigzag … [Read more...] about Fibonacci Analysis Supporting a Bitcoin Top
BTC and ETH Liquidation Heat Map Rollup
The Liquidation Heatmap calculates the liquidation levels based on market data and different leverage amounts. The calculated levels are then added to a price bucket on the chart. As more estimated liquidation levels are added to a certain price the color of the heatmap changes. … [Read more...] about BTC and ETH Liquidation Heat Map Rollup