#Bitcoin/#SPX: In search of The ATH 🔎

In the last post, I predicted when the mid-cycle peak would be, as you can see from the quoted post quite accurately✍️

Now about taking the marks of the past peak (69k).

This happens about 2 years after the bottom. When RSI, after taking a mid-cycle peak, again enters the zone of overbought values in $BTC ↗️

$BTC / SP500 Correlation 👀

#Bitcoin and the SPX most of the time correlate (move in the same way). It is clearly visible that most of the histogram is green except for some cases which I circled in gray areas.

Recently, there was again such a zone of decorrelation, and even though the majority wrote that everything bitcoin has nothing to do with the stock market. As we can see, the correlation has returned and is again at maximum values🔝

💡I think liquidity and optimism about reducing key rates played a role here, these factors equally affect these 2 assets. A new de-correlation may occur if the adoption of ETFs begins to act on Bitcoin, more than the previous factors.↗️

By the way, in the quoted post, I investigated another similarity, and I recommend reading it.

#Bitcoin Whale Liquidity 🐳🌊

The price continues to move according to the scenario I described earlier.✍️

I mostly say that you don't need to follow the news background because most of the headlines are noise or commissioned articles for the big players to collect some short-term liquidity. 📰

💡But in this case, it is not quite so. Now the short-medium-term analysis is complicated given that quite a lot depends on the announcement of the adoption of Bitcoin ETF. The scenario described on the chart is relevant if acceptances are delayed further. Otherwise, I expect a resistance breakdown sooner, possibly in January.

$ASTR reached the orange zone on the news of the listing on the largest Korean exchange⚡️

But as it often happens, "buy on rumors - sell on news", after reaching the orange zone, the Astar dropped sharply〽️

#Bitcoin Keltner Channels 📈

🔝Bitcoin broke out of the baseline resistance, under which it consolidated for a long period.

✍️While I don't expect a return below this gray line until the peak of the cycle, remember that it is almost 2 years away and we will have more than one correction before then.

💡I expect especially volatility in the next six months when there are quite a lot of events related to BTC.

$CFG Another good performance of the Feels indicator.

Now Greed🟥 is growing, but as with Fear🟦, this is not the end of growth. We expect to reach the orange zone.

The $STORJ is feeling great, I congratulate the investors who entered the Fear🟦 or green zone🟩.

Although it is already greed🟥, I think there is still potential. I recommend fixing some small part of the position💰

#Bitcoin Bollinger Band 👀

The volatility of the asset can be viewed relative to the width of the Bollinger lines, and it is also convenient to use the BBW oscillator for this.

✍️We have mainly 3 waves of increasing volatility before the main bull run. The first is mostly the bottom of the market, and the second or third is the midcycle peak. If one wave was quite large, the next one is mostly smaller, like in 2019.

🤔In our case, the waves of volatility are more similar to 2016. I expect something in the middle between 2022 and 2023, so a possible stop somewhere around ~1.00.

💡How does such a wave end? This is mainly a retest of the middle line 🟠 of the Bollinger bands, now it is 33k+, note that it is rising.

$SEI The asset is quite new, but you can see the good performance of the Feels indicator.

The first notes of greed and the orange zone🟠 appear. I think you already know what that means.

Did the indicator predict a good entry point on the $BSV?

Yes, although this is not quite a classic altсoin and it moves atypically, having an open order you could enter at a good price🟢

#Bitcoin Support trend channel.

I have already written about this indicator before. Now we continue to be in the bullish part of the channel, where the middle line is often a support in a bullish market and a resistance in a bearish one.

🤔If you like the indicator, I can add it to the Feels subscription or make a raffle.

$SKL Despite the popular opinion that altcoins are like bitcoin with leverage, here Skale has reached the orange zone + greed.

As you already know these 2 signals(🟠+🟥) are historically a good time to take profit.

$GRT Quite an interesting asset. Now found some support above the yellow zone.

If you look for a pattern, last winter, it also showed quite good volatility, making a move from fear🟦 to greed🟥, which brought a decent profit.

#Bitcoin Gaussian Channel and ETF 👀

Will the adoption of #ETF be able to break the historical pattern?🤔

In each cycle of bitcoin, the price before the halving could not overcome the 0.78 Fibonacci mark, which acted as resistance.

Now the price has again approached this historical resistance, which is about ~50k.

💡In my opinion, we are unlikely to break through this mark, because the fundamental impact of the ETF on the price of BTC requires time, which, by the way, is not much left until the halving.

I think that's when we will feel the impact of these 2 fundamental events. Decrease in supply and increase in demand📈

$HNT Showing good momentum today.↗️

If you look at it in a longer perspective, you can see the excellent performance of the indicator💰

💡Acceptable BTC ETF is a positive for the whole market, so if you want to invest wisely in altcoins, welcome to Feels.

#Bitcoin Gaussian Channel 🐍

While the majority on the joys of adopting ETF, drew forecasts of at least 60k, I said why it won't happen at least so soon.

Now, as in the previous cycles, the 0.78 (49k) zone acted as resistance, and Bitcoin went on a correction.

💡I think that in the near future there will be consolidations with a possible retest of the lower parts of the Gaussian channel. Use this time for the last selection of assets, because there may not be more such corrections in the next 2 years.

$ENS Another good indicator job that made a good profit💰

An asset of $7 was taken on the green zone🟢 + fear.

Now partially locked in profit on greed🟥 + orange zone.

$CHZ tests the yellow line, when this resistance is broken, the asset quite often reaches the orange zone↗️

The best time to buy was, green zone🟢 + fear.

#Bitcoin and RSI 👀

BTC has not had a healthy correction for about 3 months now. All this time, the price did not test the BMS or drop below 50 on the RSI.

What we see now is a bearish signal of a break below 50 and a retest from below. And also a break of the trend line and a retest from below🐻

As I wrote earlier, the ETF will start to have an impact not immediately, but closer to halving, by this time we may have a correction to 37k, or if the power of buyers turn out to be stronger than I expected, consolidation in the area of 40k.

$SC Although the asset has not yet reached the orange zone, today extreme greed appears on the social analysis chart.

This indicates that the asset is becoming more overheated and can expect a correction.

We continue to analyze #Bitcoin using the Gaussian channel (see previous posts) 👀

📝Bitcoin is consolidating in the region of 40k, following the correction from the resistance line that I mentioned earlier. I further believe that a retest of the 37k zone is possible since there is still enough time for halving.

On the wave trend oscillators, a red signal 🔴 is also visible, after which the correction often begins, the only exception here is bullran at the end of the cycle.

💡The situation is similar to the mid-cycle peak at the end of 2019, but now it happened much closer to the halving, so I would not expect such a prolonged downtrend, but only a 1-2 month correction.