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298 posts

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Markets next week
t.me/therussianmark…
twitter.com/Don_Favs/statu…
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$BTC #Bitcoin
$BTC is trying to break the yellow line in the Mayer-Multiple.
Not only that, the MA20 (D) is about to cross the MA50 (D).
-Whenever this has happened in the history of $BTC, it has at least reached the green line (~$33.000)
-3/4 times, it started a new bull run

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#Bitcoin perspective update.
The double top pattern that I warned about at 24k is playing out very nicely.
There is still a lot more downside potential here, let's find out how the 20k level holds next.

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#Bitcoin on adjusted log time.
Time = log(weeks)^3.44
10.2 log periods elapsed between each touch of top curve.
Next set meets curve at 160-180K December 2023.
Not a forecast. Not a prediction. Not even my primary idea.
Just an observation based on a sample size of 2.

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