Moonbags Markets
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Bitcoin is now red 11 months into the year

Astrological prophecy is now fulfilled
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Moonbags Markets
Both the weekly and daily trends have confirmed. This means they are capable of making a reversal at any time. The daily uptrend which has played out mostly as a chop has on average 4 days left on it before it flips bearish but wouldn't be shocked if it…
The macro bottom will be virtually indistinguishable from a dead cat bounce and those with lesser pedigree will constantly be reminding you of the latter

I have always said that I believed that this 89k to 90k level was going to be hit eventually and the promise has been delivered. Thanks for playing.
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Moonbags Markets
Average usually 15.5 weeks/16 days, seems plausible both may reverse in the same time window
Recap:

Week 15 downtrend

Day 15 downtrend

Both will be entering timing windows for reversals in the upcoming days/weeks
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Moonbags Markets
Recap: Week 15 downtrend Day 15 downtrend Both will be entering timing windows for reversals in the upcoming days/weeks
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Week 17 downtrend

Day 9 uptrend (unconfirmed)

Looks like the daily trend is now up although not confirmed yet, we have gotten a decent bounce off the wick at the 80k level now retesting the highly important and clustered 85k level, I do somewhat expect this area to hold as it's a heavy weekly CME close area

Still waiting on Weekly trend to flip bullish before things put in a power bottom
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Moonbags Markets
image_2025-12-01_09-11-40.png
Day 4 Downtrend (unconfirmed)

Week 19 Downtrend

No moves until this weekly downtrend is over, no signs of it yet. Expected mid December back in August but currently it is running more extended than expected

Tough to suggest buy the dip unless you are willing to weather an unknown period of downtrending. Once this bottoms, it should rocket imo

If this runs more extended, lets say into Q1 then it will also fit the timeline of an extremely bullish q2 and beyond in 2026
Channel photo updated
Merry Christmas!
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Happy New Year!

Time to lock in
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Day 7 daily uptrend (confirmed)

Working on a week 1 weekly bullish reversal

Took longer than expected but here we are

Believe the level to watch is around 89.2 - 89.4k, want these levels to hold by Sunday close
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Moonbags Markets
Day 7 daily uptrend (confirmed) Working on a week 1 weekly bullish reversal Took longer than expected but here we are Believe the level to watch is around 89.2 - 89.4k, want these levels to hold by Sunday close
Weekly level is beginning to teeter

Sub 89.2k is not good and would re-enter the previous cluster range

Level needs to hold

*hold by end of week for clarification
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We now have a confirmed daily downtrend

Recovery into a new daily uptrend can begin as early as tomorrow

However, we need to hold 89.2k by Sunday night close to save the weekly uptrend
Moonbags Markets
We now have a confirmed daily downtrend Recovery into a new daily uptrend can begin as early as tomorrow However, we need to hold 89.2k by Sunday night close to save the weekly uptrend
Moved to Friday instead of tomorrow as to when the daily can recovery if we hold > 90k

If we can line up an early innings daily uptrend and early innings weekly uptrend, we probably go through 100k, this is on the table soon
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Channel photo updated
There is no other secret chat and I haven't DM'd anyone in ages

Don't click on links from scammers
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Just a quick update

Looks like we are trying to print a bullish weekly reversal starting this week

Daily has already been an ongoing 23 day confirmed bullish reversal dating back to Feb 8th which has pretty much been a sideways move

So early weekly reversal + late daily trend usually not a good sign but we might get a brief relief rally for a bit as long as it stays at the current prices and above
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Moonbags Markets
Just a quick update Looks like we are trying to print a bullish weekly reversal starting this week Daily has already been an ongoing 23 day confirmed bullish reversal dating back to Feb 8th which has pretty much been a sideways move So early weekly reversal…
As expected, wasn't a good sign

Daily trend is now bearish, currently at day 2. However the overall strength of this trend has been weak which means it will resolve fast.

Weekly trend still shows bullish but that can change soon, we shall see

Very mixed signals going on in this market
Moonbags Markets
As expected, wasn't a good sign Daily trend is now bearish, currently at day 2. However the overall strength of this trend has been weak which means it will resolve fast. Weekly trend still shows bullish but that can change soon, we shall see Very mixed…
Weekly trend is now bullish, just week 1.

Daily trend resolved to the upside, now on day 36. Long daily bullish trends are usually a good sign with maybe just 1 or 2 exceptions, notably pre-covid dump and once in 2022 I believe.

All my prerequisite checklist for bottoms have checked off besides 200 week sma touch

Odds are good we have already been in accumulation phase
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Week 3 bullish reversal but the daily is still trying to resolve one way or another, so far we have no idea what it is doing

What we want to see is the daily pattern resolve bullishly while the weekly holds the reversal completely before the market begins trending higher

This is generally how accumulation phases work out, they are usually asynchronous in both weekly and daily trends
We finally have a confirmed daily downtrend

Weekly is still in bullish recovery for now

Very likely we get some sort of realization phase on the daily as the SPX is also in one

The correlation between the 2 should be full restored

If stocks bottom soon I believe BTC will begin the next daily bullish recovery which will be aligned with a weekly recovery, first time both daily and weekly are in recovery since October 2023. Timing is important for this to bottom imo, from now until mid April is required for this to happen

Locking in will be needed soon
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