Sykodelicc

It's pretty baffling to me.
How so many people are expecting Bitcoin to just keep pushing lower.
Bitcoin dropped to $60,000, below its previous ATH.
The only other time it did this was in 2022, when it dropped to $15,000, which was 20% below the $20,000 ATH.
But in 2021 Bitcoin pushed 3.5x above its previous ATH.
In this cycle, we only pushed 0.7x above previous ATH.
If we dropped to under $50k, that would be 30%+ below the 2021 ATH.
So what you are expecting is the largest drop ever below a previous ATH, after the weakest price push ever?
All at the same time as the Business cycle has started

It is crunch time.
We are at very key resistance here.
And everyone always tends to get the most bullish at resistance and bearish at support.
But those are the areas most likely for a reversal.
You guys know my view, I think we are going to head to new highs this year... but that does not mean we break through $75k today.
And we have to be aware of what happens if we don't.
Until we get over these levels, the range lows are on the table as lots of liquidity has built lower... so make sure you are prepared mentally for all outcomes and positioned accordingly.
However, i do think we push throug

Bitcoin looks ready here.
I wouldn't be shorting this.
We are slowly chipping away at the $74k/$75k sellers, and going back for another go.
This is a very bullish pattern.
$ETH has already done its breakout.
Is Bitcoin going to do its one today, or not?

It is going to be obvious in hindsight.
And everyone will be so confused as to how they could not see it when it was staring the in the face.
The fact is that this cycle IS different.
Everyone is so caught up with the 4 year cycle that they cannot understand that it has always been based on something larger.
The business/liquidity cycle.
You only need to connect two dots to understand this.
The cycle was weak because the business cycle was in contraction.
Almost nothing made new highs because the foundations that were there for every other cycle, were not there this time(yet).
The business cyc

It's time to put the May 2022 fractal to bed.
In May 2022 we had an inverted hammer with bearish continuation.
Right now, we have the opposite. Bullish reversal.
These fractals may have looked similar, but fractals only serve as a basic idea.
What always matters more is in which environment they are forming in, and what is happening around them.
This does not mean we still can't revisit the lows, but it indicates that for now, on the higher timeframe, the market is looking for higher.

This is the most unexpected outcome.
Everyone is expecting down next, new lows, and the 4 year cycle to play out.
But it is my view that this is what is coming next.
For all the reasons I have covered over the last months, this is what I believe is next.
That this is a very different cycle, because of the overall economic/business/liquidity cycle being different.
I have provided unending pieces of data that backs this up, and this is the hill I will die on.
If/when we reclaim $74k, it will not just be a small bear market rally.
It will be a reclaim of the HTF structure, which will confirm the

Alts are not dead.
Seeing so many posts claiming they are dead forever and they will never ever run again.
It's just not true.
Again, you have to understand what is going on behind the charts if you want to know the real picture.
The fact is that alts never truly got going this cycle because liquidity/expansion never truly got going this cycle.
Alts are vessels of liquidity, the riskiest assets in existence.
Every cycle they run hard when liquidity pushes most and the economy is expanding.
And as you can see, all we had this cycle was...
Fed Net Liquidity ranging, PMI contracting.... and thus

Isto é dados macro-chave que simplesmente não pode ignorar.
Temos tantas pessoas a comparar maio de 2022 com agora, apenas olhando para o gráfico.
Mas tem que compreender o que estava/está acontecer por trás do gráfico para compreender onde estamos.
Um gráfico pode parecer semelhante, mas estar num lugar totalmente diferente no geral.
E essa é a situação agora.
Em maio de 2022, a Bitcoin estava numa tendência de queda após um pico enorme na Liquidez Líquida da FED, e 18 meses de expansão do PMI, com inflação a 9%.
Neste momento, a Liquidez Líquida da FED atingiu o fundo e está a reverter, e o

比特币这里确实是个有趣的位置。
我们有一根看起来相当粗糙的日线蜡烛，但同时也有：
- 趋势线的突破并持稳
- OBV突破
- 守住$70.5k
你可以看到这看起来与去年4月惊人相似，当时我们有趋势线的突破，然后是OBV突破。
相比之下，12月/1月时没有OBV突破。
我用来衡量相对强度与价格的两个指标——OBV和我分享的资本配置图表——现在都在发出强势信号...
这与这根日线蜡烛发出的信号相反。
我倾向于看好延续，但让我们看看周末的表现如何。
各位怎么看？

This has been shared so much.
The May 2022 fractal.
Everyone using it as their single piece of data as to why we will go lower and follow the exact same path as 2022.
But it looks nothing the same.
We have a bullish cross on the 9/21D EMA and a break of downtrend.
We now have a triple buy signal on the relative strength index.
It's all starting to look like higher here.

I am doing a AMA.
Do you have something you'd like to ask me?
If so, please join my Free Discord and be a part of this Syko community AMA.
It will be on Monday 16th March at 9pm GMT time.
You can join using the link in the comments below :)

We now have a double buy signal on Bitcoin.
The relative strength index is not giving up any ground here, and has flashed its second buy signal only two days after the first.
This signals heavy capital being allocated into Bitcoin while the price is compressing.
Right now, relative strength indicator is at $87k.
With Bitcoin holding well over the last week, we are seeing the signs of this allocation...
And next up should be the extension.

Lets be 100% real here for a minute.
Even if you are the hardest of gay bears...
Now is not the time for it.
Bitcoin has just put in 5 monthly red candles in a row.
The second largest amount in history, only second to 2018, where it put in 6 months.
However, during that time, the bottom was actually found in the 5th month.
In addition, the 1M RSI is at the second most oversold level, and the PMI has entered expansion.
Something that has preceded every bull cycle we have had.
So right now we have:
- Tied red monthly candles where the bottom was found
- Second lowest level 1M RSI
- ISM PMI in e

Very key level here for Bitcoin.
Break above and we push to $88k & 1W 50EMA.
Break lower and range lows and 200D SMA are on the cards.
Which way sers?

It's becoming very clear.
The amount of confluence all over these pivotal market charts is staggering...
And I don't understand how anyone can be ignoring it.
This is a big one.
Here we have:
- BTC.D minus stables
- Bitcoin
- PMI
We can see here that the same pattern is being followed.
1. BTC.D breaks the uptrend
2. PMI breaks into expansion
3. Between 196d - 238d BTC.D pushes higher & drops
4. Dominance drops AS Bitcoin rallies
Right now we have:
- Broken the BTC.D uptrend
- PMI has broken out
The next phase is for Bitcoin to grind higher as BTC.D pushes, with continues PMI expansion.
Then Bi