This is what’s meant by putting the honey badger in a corner. The scalp short entry I posted in the Discord is an example of just that. The market is in a position to give us 5 waves down regardless of which count is correct. The top pane suggests that a flat pattern is finishing and the bottom pane suggests a completed top and BTC will begin a series of 1-2’s to change the … [Read more...] about Bitcoin Short Term Trends Align
Bitcoin
Bitcoin Macro Scratch Count and Ratio Analysis
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
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