Sykodelicc

Is Bitcoin about to start the foundations of a parabolic run...
Just like Gold has done?
Well, right now, Bitcoin is looking strikingly similar to how Gold looked before it moved 300%.
We have:
- Two peaks
- A drop below the 50EMA
- A drop below the previous low
- A consolidation below that low
This is an expanded flat pattern, and Bitcoin is currently following to a tee. Gold consolidated within the deviation for 55 days, we are at 27 days.
It is one of the most deceptive patterns, because the deviation below the previous low is a massive bear trap.
It convinces everyone its weak, before trap

We have a very healthy move happening here.
1. Price up
2. Spot buying pushing it
3. Open interest down
4. Funding deep negative
5. Coinbase premium green
I have also highlighted a move up that happened before, and you can see the differences.
This is a very healthy bottom and push higher.
Of course, we could still get some chop and take some liquidity below...
But lots of genuine demand after that Iran warn capitulation drop.
Everything is looking good for a March push higher.

I'm expecting a bullish March.
We have a lot lining up.
- Initial Iran war entrance behind us
- ISM print on the 3rd
- Clarity act circling
And we have held above the lows, regardless of the bad news.
I think we could see a little more chop over the next few days, clear up some liquidity, and then head higher.
We also have a CME gap and a flat top weekly candle at $82k/$84k, and this also lines up with the 1W 50EMA.
I am expecting Q1 to end bullish and have a 30% move to $84k/$86k.
From there we reevaluate for April, but my overall thesis has not changed.
New highs this year and a divergence

Decent drop here from Bitcoin.
Nothing like a bit of War FUD to liquidate people!
Right now we are range trading since the $60k bottom.
When we trade in a range, liquidity builds up.
And although people don't like it happening, the healthiest lows form when the price takes out the lowest levels in a range a sweeps up the liquidity.
You very often see the price take out the lows, lead people into a trap, and deviate back into the range.
If we take out the lows on this range here below $60k it would probably be the most ideal scenario for an anxiety free reversal.
This is because if we do not ta

It becomes very clearly when you look at it like this.
We have actually only had two cycles that can be put down as "4 year cycles".
They are: 2014 - 2018 & 2018 - 2022.
2009 - 2014 do not fall into it.
This cycle it is yet to be decided.
So out of 8 years of Bitcoins 16 year life, as of now, only 50% of it can be linked to the "4 year cycle" theory.
However, what is 100% consistent is that every time ISM enters expansion from contraction, it has begun a bull cycle for at least 385 days.
And yet, everyone holds onto the 4 year cycle and discounts the ISM/Business cycle?
Right now, we are clear

March is lining up to be very volatile.
And I think it will be for the bulls.
Upcoming early March we have:
- Clarity Act deadline
- Iran conflict resolution one way or another
- Higher ISM print
- New lunar cycle
I am currently in a long trade from these levels $65,500 with very tight stops.
I think there is a high chance we will be leaving this range early March, and the below levels on the chart are key to watch for.
I could totally see an escalation in Iran conflict that dumps us to $61,000, or even sweep the lows, that then marks the bottom as ISM prints.
The last time Iran escalated it m

There we go.
Thank you, New York Times.
The perfect top and bottom signal.
Send it.

Everybody needs to see this chart.
If you are struggling to understand my thesis...
This is another simple and effective chart that tells a very broad macro picture, all in one.
its probably one of the best overall macro charts you could see.
What we are looking at here is:
- COPPER
- BITCOIN
- GOLD
- ISM
Now, these 4 charts all tell a very distinct story, but when you put them together, they tell almost everything.
Copper is an asset that signals overall expansion as it is the most used metal in construction and development of all forms, and now, with the added tailwind of AI.
Copper has brok

This is all one massive psyop.
The market makers have laid the perfect trap out there and everyone is falling for it.
And the crazy thing, what is happening is what always happens...
Its just happening in a different way this cycle that most cant see.
What they have done is use the 4 year cycle to lay the perfect trap, just as the macro cycle is expanding.
They have followed the 4 year cycle for now, and it has convinced everyone it is truly over, right before it gets reversed.
This is the first time in Bitcoins life that the 4 year cycle and the business cycle are diverging, and right now, is

Alts are not dead.
I don't care what your feelings tell you...
This chart is tells you the truth of it.
This is TOTAL3ES/BTC.
It is essentially all altcoins minus stables, divided by BTC.
What we can see is that this is currently at cycle lows for this chart.
It is nothing like previous cycle highs.
What we have here is a very tight accumulation and bottoming zone for alts against Bitcoin.
And we can see from 2020, once it decides to move... it moves fast.
I cant tell you when it will happen...
But I can tell you that we are within the total bottom zone for alts against Bitcoin.
And what comes

This happens in every cycle.
And its always around mid cycle peak.
This adds an interesting weight on the overall market position.
You can see that each time Global Liquidity breaks out, Bitcoin moves slightly higher, then has a multi month correction...
Just like now.
Then, as global liquidity continues to increase, Bitcoin resumes higher again.
Last two cycles Global liquidity broke out for 671 days and 731 days.
Very similar.
So far, this cycle, we are only at 306 days.
What is also very striking to observe is that the contraction of global liquidity this cycle was much larger than 2016 and

It happens every single time
Every single time Bitcoin has been at these record levels of oversold on the weekly timeframe, people declare it dead.
And it just so happens that every time, there is a new narrative for it.
- Bitcoin is useless
- Bitcoin has lost the digital gold race
- Quantum will kill it
- Saylor will be liquidated
- 20k coming
Right now, we are the most oversold on the weekly ever…
So is it a surprise that the FUD is worse than ever?
The funniest thing about this phenomenon is everyone is capable of looking back and seeing this…
But this is the power of emotion.
The fear of t

Is a 100% move coming for $ETH?
Nice hidden bullish divergence printed on the Weekly chart here.
Last time this happened, $ETH rallied 100%.
For those that don't know, a hidden bullish divergence is when the RSI makes a lower lower, but price makes a higher low.
It means that momentum was actually stronger, but price absorbed it better.
Its a Bullish continuation signal and on HTF it matters more.

What the hell is this timeline...
Its become so utterly bear jaded that Its genuinely baffling.
This is the state of comments over and over, on every post i see.
Crazy times.

Here is my thesis.
Broken down and put forward with key charts that I think show the greatest signal of it.
A lot of people don't understand why I think what I do... why I am targeting a continued cycle and new highs this year...
When surely a prolonged bear market seems obvious?
Overall, this chart highlights almost all the key differences we have seen within this cycle that have to be accounted for, and explained.
But most notably, in my view, it shows us exactly where we are in the cycle right now...
Even if it looks a little different to what most of us expected.
It looks a little complex