THE CRYPTO BITCOIN SUPERCYCLE! - BTC PRICE PREDICTION - SHOULD I BUY BTC - BITCOIN FORECAST 200K BTC

THE CRYPTO BITCOIN SUPERCYCLE! - BTC PRICE PREDICTION - SHOULD I BUY BTC - BITCOIN FORECAST 200K BTC

hi everyone oh you all this is coins kids gonna dive into bitcoin once again thank you for your support okay i hope you had a really good saturday and hope you have a really good sunday so you know i like doing these four experiments on the channel okay so i will jump into bitcoin in a moment this is a dollar this is a dxy now you probably heard the terminology a super cycle a bitcoins crypto super cycle how this particular cycle is changing from the previous one and that we may enter a super cycle where we do see bitcoin push up to a million dollars plus over the next few years and these four year cycles that bitcoin is going through which is a catalyst through the halving which you're fully aware of uh creates the the momentum to the upside because of the supply shock basically so you know all of that i'll drop some links to a particular video by dan held in his um super cycle theory okay and willy woo as well they both agree that this particular cycle is very different from the previous cycles it's already showing signs of that with this correction as well um you know the fact that we've gone through this sort of correction so far and we started to pick up now you know you we're not fully completely out the woods yet you know we've got resistance levels uh and a potential of a dead cat bounce and an abc pattern and you're fully aware of all that we may enter a mini bear market so to speak which would again um make this cycle different from the previous ones which would potentially give more buys to the fact that we may end to be entering a super cycle now something i want to show you for bitcoin right now well on the dxy sorry is actually quite negative for the dxy and this would give precedent to the fact that we could see a super cycle for crypto where a lot of money flows into crypto as potentially a safe haven uh against the dollar which is falling obviously for inflation now there is obviously the deflation um theory on uh the dollar as well where we do see the price of a dollar creep up and set new highs and we get that deflation remodel for for the dollar but what i want to show you uh for the dollar so far you know it is in a bearish pattern it's in a bearish continuation pattern which you're fully aware but there is also something else which i'm going to show you which would give a massive sort of bias towards the fact that we could be entering a super cycle for crypto or on the verge or on the cusp of it and i'll show you exactly why in a moment okay so right now i'm just going to remind you on the daily time frame here for the dxy the dollar okay you've got this rising wedge which we broke out of be fully aware we'll give you that target this is your breakdown target the neckline where you form the rising wedge you're fully aware yeah and if you do start to lose that level of support potentially you're going to come down and retest this level of support in this horizontal that you find yourself in which is a basically a continuation pattern okay if you come up into it there's a 68 chance you're going to continue to the upside you know if you're falling into it there's a 68 chance you're going to continue to the downside um through i forget what thomas balao bowalski i think that's his name he did all this technical analysis and percentages calculations many many years ago on these particular patterns uh so basically yeah we're in a a continuation pattern and not only that we've got all this hidden bearish divergence on the daily timeframe as well so you can see at the moment it's playing out you've got this bearish divergence here and lo and behold that's played out as well okay so to anticipate that if you do start to see this pump okay and come back up to test key levels of resistance this is where you could potentially see that a little bit of a pullback for bitcoin in the market which would be healthy for bitcoin to be honest with you because it's getting a little bit overextended at the moment but who knows it could absolutely go through this level of resistance it's under and absolutely melt faces and and just break out here and enter this super cycle that we're talking about so what i'm going to do is show you something okay so right now you can see let's take a look at this on the weekly to me okay just looking at that weekly that's one massive bear flag bear pennant i do apologize this is one massive bear pennant so i'm just going to calculate off the bat you know from a level just there down to there potentially you can see the loss of support and this is where you could see the dollar fall down to sort of 79 on on the dxy index just here okay so that's a potential play but something else i want to show you right now which is really bearish really bearish for the dollar and for the dxy and this is why i always say to you if in doubt zoom out so let's take a look at the dollar on the monthly right now okay this is don't forget this is a thought experiment it's not financial advice or it means it's going to happen or anything like that it's a simple thought experiment right now for the dxy so this particular uh signal just there this is called a death cross a sell and go to the b signal from coins kid just there you see this on the monthly time frame this has massive massive significance the more you zoomed out on the time frame and that this prints a signal the more value it has okay remember that so on any time frame you see that you're entering a downtrend and right now you're in the downtrend you're hitting resistance you're rolling over you're carrying out bearish patterns just here for the dxy you're in a horizontal i mean look at this on the monthly that that's a a bear pennant if ever i've seen one okay so it's looking for continuation unless obviously you can break this level of resistance break up see you later you can see that what you've done here on the monthly is you've broken this level of resistance it's horizontal and you've come up and you've hit your head almost on the 20 ema on the monthly time frame this particular signal right here is really bearish okay so it's called the death cross it's when the 20 crosses the 55 on any time frame that's confirmation of a downtrend basically and lo and behold that's what you're in so you know the dollar in my opinion is looking like it's going to fall even further you've got your breakdown target now this particular instance just here this is why i do anticipate that the further upside for bitcoin and crypto potentially when we lose support of the dxy this is where you will see the continuation of the ball room for crypto just like here you know you got the ball room for crypto went sideways chopper consolidated continuation you're fully aware of that yeah so right here what i want to show you is the last time that the dollar printed this particular signal okay was really bad for a dollar it went into a five-year bear market i'm going to show you exactly when that happened okay now again it's not financial advice and it's just a full experiment but just because it's happened before doesn't necessarily mean it'll happen again i know a lot of people are hedging with deflation uh around the corner next year but let's take a look at this okay you've got your bearish cross way back there in 2003

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you entered a bear market under resistance for five years just there until yeah march 2008 so five year bear market what we're going to do is a four experiment is from this point here we're going to take this particular death cross and we're going to copy the the bear market scenario okay in the price action but again this is just a four experiment okay but this would this is what i'm trying to say to you this would give precedence to the fact that we may be entering that sort of um super cycle for crypto over the next few years no one knows no one's got a crystal ball but you can see with this basically if we've continued to do this you are continuing with the trend on the multi-year time frame where you're creating these lower highs and lower lows do you see that until potentially you bottom out then you start to see deflation okay so this is a potential play so right now this would give precedence for the fact that bitcoin is absolutely going to go on from here it's not going to be an easy ride but it's going to appreciate against the dollar isn't it because the dollar's falling and obviously with inflation when things fall against the dollar they go up in value basically so yeah you're looking at a 64 uh 64.771 on a dxy by 2010 potentially because you've just printed the death cross there the last time you printed that was in 2003 look you had that sort of triple top look at that triple top triple top bit of a roll over and you rolled over and created the death cross triple top rollover death cross boom multi-year bear market for the dollar but again honestly don't take what i'm saying is financial advice i'm just saying what i'm saying okay this is continuing with the trend like this okay so it's just a four experiment so this would give presidents of the fact that you could be looking at a multi million dollar bitcoin uh token price appreciation and a multi-trillion dollar market capitalization for crypto in itself now with that i know this is the ultra bullish scenario but all i'm doing is saying what i'm saying okay this is the ultimate bullish scenario it's not going to be an easy ride and there will become times where you think we're in a bear market for bitcoin but just like the super cycle theory by dan held and willy woo they do think that the particular bear markets and drawbacks that we're going to have are going to be different and potentially have we already seen a sort of the the signal of that in this correction that we've just had for bitcoin where it's not actually entered a bear market it was a whopping correction but it failed to enter the bear market because the buying pressure and the selling pressure is so low that the buying pressure is so high that it's outweighing you know and it's pushing us up basically so it's just a full experiment for a sunday afternoon you know for those that like four experiments that i do on this channel i'm always doing them so this is a potential play isn't it and you could see you know this could give precedence to the fact that we are continuing with this downtrend these lower highs and lower lows for the dxy until we do bottom out potentially you know this is a major major uh bearish signal the death cross on a monthly time frame it has a massive amount of substance okay and you can see that this is why i am still bearish on the dxy and why i do see the continuation of the ball room for for bitcoin here and crypto and this is a full transparency all i'm doing is saying what i'm seeing okay i'm not feeding you no spiel no i'm saying what i'm seeing and that is the truth of it okay so this is a potential play would be nice because that means you know the the everyone that's holding crypto is on to a winner basically but again not financial advice so anyway that's the super cycle theory backed up with the dxy4 link so right now i'm just going to jump into bitcoin then on the for early timeframe and see what we can see okay i said before hourly but whilst i'm here on the monthly i might as well take a look at it i mean you can look how beautiful bitcoin looks bouncing off this look at this level of support the monthly 20ma creeping up like i said too you fall below that you're in a bear market and right now you can see that you're bouncing up off it potentially you know you could roll over here and come back down and bounce off its support but if you do bounce it off with support you can see that the actual level of support is creeping up over time so those calling for a 20k 15k 14k 10k bitcoin you know it's not there at a minute is it in this correction that we're going through you're looking at a 29316 as a last level of support before you do get confirmation bias of entering a bear market because like i've shown you when you fall through these emas the 20 on the monthly you are essentially in a bear market right here okay so yeah it's looking good it's looking well so what we're going to do is zoom in on the friday time frame right now for bitcoin so looking at bitcoin on the daily timeframe right here then you can see that it is run into a bit of a brick wall and we didn't anticipate this particular level coming to play is a level of resistance right here because obviously it's a level of resistance of this trend line which we did say to you potentially you know in the future you could do something like this where you come back and you create this inverse head and shoulders where you have to break out and come up to retest this okay as well i've seen a theory that we're looking at this bump and run okay that's another theory which is very similar to this inverse head and shoulders play that we've got on the cards but i won't go too deep into that at the moment but if we was to get a retracement here i want to reassure you that it would be perfectly healthy providing we can hold a key level of support okay and come back down to a particular level of support i eat the emas on the daily and hold them because right now you've painted the best signal you can paint for bitcoin on the daily timeframe okay because like i said to you this signal does not come around every day and this is the buy and go to the beach signal from coin to kid i mean look at that okay that's beautiful that's absolutely beautiful that's your buy and go to the b signal that's a confirmation that you're in a bulk trend okay you're in a you're in a reversal you're in an uptrend you've bottomed out basically this is the statement and the signal that we've been anticipating and waiting for so right now is bitcoin okay is bitcoin the question is is bitcoin about to enter a super cycle okay and or is it about to roll back to a key level of support just here like this find support build up more momentum and then break through because if we take a look at the four hourly time frame here for bitcoin you can see you are running into a wall it does look a little bit like a rising wedge to be honest with you just here okay a tightening rising wedge so potentially you know this is where you could see the roll back to this level of support down here which is at 36 549 that would be perfectly perfectly healthy for bitcoin if it did do that and came down i want to reassure you that would be absolutely perfectly healthy because at that point if you did come down to that particular level of support just there because we do have a bearish divergence on the rsi okay so you've got the lower highs in the rsi and you've got the high highs in the price it's tightening tightening you know this is a very negative bearish pattern to be honest with you and potentially if you do roll out here i've given you a breakdown target of 36 down here i'll drop this in for you okay this is a potential target if you watch to see the role these obviously can break out but you can see how overextended you are getting on the daily time frame right here for bitcoin okay to switch back to the daily you can see that we're getting really really overextended on the daily from the ema's we've not back tested them for a long time so do anticipate look where the ema's are right now right where our target is so you know we are really into the brick wall of this level of resistance okay i'm not saying it will fall back honestly you know we could absolutely mail faces here but you know from from a logical standpoint we are getting very overextended the rsi on the uh daily time frame is shot above 74 so it start beginning to look a little bit unhealthy to be honest with you and a rollback to support is vital at this point because this is how you get the continuation and prevent this abc theory that you're going to see thrown around look a b c bear market down here okay so we do need to see a pullback relatively soon for bitcoin come back back test the kilo support because with that that's where you're going to get that confirmation and continuation of this trend okay that bitcoin finds itself in and hopefully we found the bottom just here for bitcoin down here okay we found the bottom roll back to a level of support i either ema's the 20 boom break that level of resistance see you later because like i said to you one of the main levels of resistance that you do need to see broken for bitcoin okay is this i'll show you right now that's just cycle top just there so just here you do need to see bitcoin you could almost say that as it's not quite run into that level of resistance it's a zero five oh because this is this is very common with a dead cat bounce you're fully aware of that i've shown you that in a previous video where when you rally you create a bottom you come up you run into the zero five oh and then you continue with the trend basically you you force lower because you're bouncing dead cow pounds now what you do need to see is this level of resistance broken and this level of resistance broken most importantly because if you do start to break that the golden ratio you're looking at reversal wave okay i've already shown you that so what i am expecting here the healthy retracement for bitcoin would be to fall back to a key level of support i.e the 20 ema on the daily would be a beautiful entry point for continuation where you would come back and build the momentum possibly creating this right shoulder of this big inverse head and shoulders for getting a break and breaking these levels of resistance because if you break that level resistance right there for bitcoin you are looking golden okay you're going to come up and re-test the all-time high in a big reversal wave and also i think i said to you yesterday about about the vp vr we're taking a look at that on the daily time frame you can see there's not much resistance or support between the two so you're right here at this level you know if you look at this you could absolutely just melt up to this particular level of resistance just here getting through the golden ratio you know it could expect exceed all expectations and at that point you have to slow down you can do something like this you've got to slow down there for bitcoin hover on the the golden ratio hold it support build up steam and momentum boom see you later bull market full mode right there okay so yeah who says crypto is boring okay there's not much resistance and support here like i said to you this cluster air is so vital at the moment and this is what bitcoin's running into so is it is a drawback gonna come i would like a drawback to come to be honest with you because if for me if you do get the draw back and you hold its support you're going to absolutely melt through this okay and you're going to come up and create that big reversal wave and it offers us more of an opportunity to set along down there on this level as well it's a great you know to make more money going forward so who knows watch this space but bitcoin is super super bullish isn't it take care everyone will be back tomorrow with an update on bitcoin stay healthy stay strong stay tuned bye