A few weeks ago I posted the TA Satoshi Prophecy , check it out below .
In that TA i laid out my entire thesis on why the top will be May 2022 and how we are still in a bull market. Nothing has changed since since December 12th 2021 since i published that TA , my timing on that chart was off but everything else is still intact for now.
After everything I have discovered the last few days I'm even more confident that we will push forward onwards and upwards.
Just check out these four TAs below that backup my prediction even more.
As you can see we are repeating the same fractal as the October 2020 breakout with both nearly perfect mirror fractals on the weekly and daily.
Price will start to increase in momentum 10th of January 2022 and the Bull market momentum will be in full swing starting 17th of February 2022 and ending June 2022 latest.
Cycle Peak zone would be sometime Late April 2022 to early June 2022 I have been going over this idea for a long time now check out below .
Even though the TA above was published June 21st 2021 the idea of a cycle top of May 2022 is something I have been thinking about as far back as April 2021 after the last Chainlink Fib time count , read the Satoshi Prophecy above to understand that part.
So there is a clear line in the sand for me there is no other level of support under the Marco 8/1 Gann Fan if we break the Marco 8/1 Gann and close a daily or weekly under its over , that would be the signal for me that a bear market has began. There is no "other" level of support in my eyes , I have added a smaller inverted 8/1 Gann which so far has had hree amazing reactions so thought I would add it .
So everything setting up the stage for an amazing run don't be fooled by these small 1-5% moves , the only thing that is not bullish is the Global leverage ratio which is at all time high but from the data this last year all time high leverage does not equal to a drop in price take a look at the picture below with this link ibb.co/jD89D8F , in July in fact leverage dropped and price went up.
Also, on chain data shows wallets older than 7-10 years are not selling either , so apart from those two things lingering slightly bearish everything looks fine.
ملاحظة
Important next three days , if we do break the 3/1 Gann ratio(Purple Line) we could very well be seeing the start of the momentum shift , of course we could break downwards to 44k and still be above the marco 8/1 Gann.
ملاحظة
Will not be surprised if Bitcoin plays out this classic bear trap move, liquidating everyone who shouldn't be margin trading.
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