Exoplanet Markets

$BTC There is an 87.5% chance $BTC has bottomed For the ones who have been following me for a while, know this analysis already. But given that it's one of those days where $BTC is slightly red on the day, and everyone (literally) is putting out their posts that they expect lower, all saw this move down coming, even pulling up some old quotes where they vaguely called the top, lower their targets, or we simply see large cynicism without much content, I figured I'd continue my lone bull stance as we have come across another confluence, on top of all the confluences we have already given as to why I believe $BTC has bottomed, and won't hit the low 70's, let alone the 60's or 50's. In fact, we openly and in live time entered fully long "against all odds" and against the majority on this platform. Aim is to freshen up the timeline, give some hope, because yes it's easy from a successful traders standpoint to act cool on social media and write a few forced posts that don't mean all that much and just attempt to make it look like someone called something where that behavior only shows the opposite. It's harder to actually help people out and give them conviction with a type of analysis that historically outperforms the results of what even paid groups offer these days, here for free. Will keep this slightly shorter since you will find this type of analysis in the past under my name (keywords: FOMC reversal analysis astronomer), but followers doubled since last time so a quick recap never hurts. The analysis The analysis is quite simple, yet powerful. All it requires is flip on a daily (or 2 daily in my case to keep the chart clean) timeframe, plot out all the dates FOMC meeting appeared, and see what price did. This shows that indeed price tends to reverse when time is nearing into FOMC. The caveat is that the price reverses before or at the very latest, right at the FOMC day. That's exactly why it works so well. People usually expect a reversal after FOMC (due to the "news" it brings). Yet we know the market is forward pricing, hence why it catches the majority off guard. Works almost every time, 14 out of 16 times in fact (or 87.5% of the time), but data goes much further (I like to keep it recent for purposes of balancing up-to-date-criticism and sample size). And the time difference the bottom happens versus the FOMC day, is usually 0 to 5 2D bars before the exact date, as shown on the chart. Given the next FOMC is the 19th of March, that means the low is in the latest that day and the earliest the 5th of March. We're right in the middle of that timeframe. And because we hit major high timeframe levels from my end on the high timeframe (see $BTC macro analyses), because cyclical analysis expects a low shortly (any day now) both on the daily and weekly, and because a 0 bar difference i.e. a reversal on FOMC itself is rare, the chances only increase that the low is in. Sentiment wise, fear is peaking to hilarious levels. Even "Reputable" traders are protecting their reputation with some random cautionary posts out of nowhere. I don't blame anyone's methods, but I take it as a great sign of a bottom. Personally, I prefer just looking at the data, act on it as ideally as possible, with high conviction whether I end up winning or losing. NFA.