BTC continues to trade in a negative context and it has broken all ltf structures. This tells us that any rally into the next phase is likely to fail and move down. Target to the downside are around $75,000 to $70,000. The VIX is warning of a period of extreme risk later this year and BTC’s bear market will likely resume throughout 2026 where upside attempts fail.
BTC is showing signs of weakening and this is occurring at a time when the SPX is also entering a period where based on historic cycle data it has seen corrections. This coupled with the VIX, suggests reasons to be cautious and this video sets out the rationale behind the short sell entry into $117k…
ETH flashed the warning on 12th may when it gave back the entire mid-cycle move and then proceeded to move below that price point. This tells us that the asset is likely to correct for the entire phase and rally attempts should be treated with caution and are likely to fail and set up a…
The cryptocurrency market (and indeed all risk markets) are entering a period where a pivot is due, but also a period where a spike in implied volatility is also due. There’s a lot of work for bulls to do on this chart. Post Views: 16
Intermediate timeframe analysis on the crypto asset TAO and using a correlated chart to help identify a potential inflection point in the price chart. Post Views: 15
“On the ltf BTC‘s conditions have somewhat improvedand we would anticipate this given the move into the ltf pivot. The forecast for sometime in this market has been another consolidation period which could test range highs (around $76-$80k) and that is due to the amount of time this market needs to consume in this phase….
BTC is trading close to its ATH, however the price chart suggests there are reasons to be cautious, for example the money flow has seen a premature break (although a substantial rally occurred) and the supply and demand relations indicates a lack of demand below 105k. Post Views: 31