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Decode
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#Bitcoin & Crypto Market Intelligence
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decodejar 1 year ago
If this #Bitcoin fractal continues to play out, 100k could take a few attempts to break before price discovery can resume for the final leg higher. image
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decodejar 1 year ago
#Bitcoin has now printed its fourth consecutive weekly candle close above the 21 week ema, otherwise known as bull market support ๐Ÿ’ช
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decodejar 1 year ago
#Bitcoin will run when Gold takes a break, and that time is closer than ever. 2 week candles charted.image
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decodejar 1 year ago
You can buy a whole Bitcoin for 57.5k today. These sales won't last.
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decodejar 1 year ago
#Bitcoin primary count still looks OK to me. Invalidation if we lose the purple line and break below 56k, but the structure looks to me like it's starting to shift in favour of the bulls, and I think everyone is far too bearish on this little red candle. image
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decodejar 1 year ago
OK, want to grow my feed. Who should I be following on here?
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decodejar 1 year ago
#Bitcoin is 12.5% lower than it was at the 73k local high back in March. Think about that for a moment. 12.5% is NOTHING in this market. If 73k was the cycle top, after nearly 7 months we would be down AT LEAST 50% by now, if not much more. Consider that a Bitcoin bear market typically lasts about a year, and retraces ~80% of the move, the fact that we are ONLY down 12.5% after 7 months should be signal enough. Just a very long, very boring and very frustrating sideways consolidation in a Bitcoin bull market that has a way to go.
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decodejar 1 year ago
#Bitcoin Update - Alternate Count Macro Wave 3 - Potentially just completed wave 2 of 3 (of 3) in a much larger extension that will take longer to complete with a cycle top next year or even beyond. This count aligns well with Bitcoin growth models and supercycle thesis. image
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decodejar 1 year ago
#Bitcoin Update - LTF Primary Count Price channeling nicely and I'm expecting it to continue, but the breakout into wave 5 of 3 is not yet confirmed. Need to see at least 67.5k. image
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decodejar 1 year ago
#Bitcoin Update - Primary Count Macro Wave 5 - Potentially just completed wave 4 of 3 (of 5). Cycle top expected towards the end of this year, Q4, give or take. image
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decodejar 2 years ago
#Bitcoin has no top because fiat has no bottom.
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decodejar 2 years ago
Buy #Bitcoin like there's no tomorrow, not because there will be no tomorrow, but because tomorrow there will be no #Bitcoin
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decodejar 2 years ago
#Bitcoin was built on the shoulders of giants. image
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