JTheretohelp1

JTheretohelp1

Friends, I hope you are all having a good weekend! I wanted to continue on our theme from last week, regarding the .786 Fib. I know many are glued to the .786 Fib from our prior Bear Market low, as am I. BUT, I also have to consider what happens if we lose $17.2K on the MONTHLY close. Today I wanted to share the .786 from the actual INCEPTION of Bitcoin. I also...

JTheretohelp1 Updated 

Friends, I hope you are all having a lovely Friday. I wanted to repost a CRITICALLY IMPORTANT chart regarding the .786 Fib and its key to ALL Bitcoin bottoms. I am drawing this chart on the MONTHLY time frame to drown out the short time frame noise. In drawing this chart, we can clearly see that the .786 is THE MOST IMPORTANT FIB level marking EVERY Bitcoin...

JTheretohelp1

To ride the BIG waves, you have to have intestinal fortitude! While everyone is BEARISH, you have to zoom out and observe what others can't see. The BIG ONE begins only as a swell in way the distance, but the well-trained surfer sees what will be! The Russell 2000 Index has all the makings of a swell out at sea. The question is, are you willing to go out and GRAB IT!!!!

JTheretohelp1

Bears are praying that 4100 does not break to the upside. For if it does, new Highs on the SP500 are in the cards, and would actually be highly probable!!!

JTheretohelp1

This pattern is still very much in play for $BTC. @JTheretohelp1

JTheretohelp1

Based on the current counts, the SP500 is nearing a very important pivot low. Best guess Oct/Nov time frame. BASE CASE: FED Pause/Pivot in November creates the last thrust low to shake last longs. Technically the charts will :look and feel" like we are about to drop to the abyss, but that is precisely the time to go LONG!!! Next rally ensues and lasts into early...

JTheretohelp1

Friends I hope your all having a lovely day. Just wanted to point out the eerily similar structure in the NASDAQ from the 1987 crash to the run up to 1999. The thing I want to primarily highlight is the correction PRIOR to the final leg up in 1999-2000. So this fractal copied IMMEDIATELY before the FINAL BLOW OFF TOP. The structures are IDENTICAL. BUT, not only...

JTheretohelp1

Friends I hope you all have a wonderful week. Just wanted to post a quick Monthly chart update. What is important going forward is a monthly close over $23.3K. A more significant area of resistance, but one that would all but insure our new uptrend is in place is $25.5K. Lastly, and this is important: Barring a complete melt down in price, our current monthly...

JTheretohelp1

Sometimes it helps when you Zoom out and turn things UPSIDE DOWN to see the BIG PICTURE. While everyone and their cousin is Bearish Risk Assets, Bullish the $USD, & Convinced that the Market is about to crash, that is when its time for us all to take note. What is remarkable about the $USD (upon which ALL risk assets hinge at the moment), is the near perfect...

JTheretohelp1

Friends, I hope your are all having a lovely start to your week. The attached chart is one that I have decided to add to the Bullish side and one I have personally been reluctant to post. It does do something that many will argue with, and I can accept their push back. It is the idea that Bitcoin is still missing a Grand Final 5th Wave top. The way we get there...

JTheretohelp1 Updated 

Friends, I hope your having a wonderful day. Wanted to share a couple of thoughts with the Legacy markets today. And they are important to consider. We have a lot of confluence amongst the Fib extensions. Either we have already topped at the 1.618 Fib extension from the Pre Covid crash high, or we make a marginal NEW ATH that would break over $39K. That level is...

JTheretohelp1

In over a decade of History, all that matters is the .786 Fib When drawn from EVERY prior bottom, the .786 marked the bottom of the following cycle low. While I believe that Bitcoin will go sub $10,000 upon our next bear market, I believe that all the noise from Bears is just that, NOISE.

JTheretohelp1

Placing this on Trading View, as I have primarily been simply using the snapshot feature on the system to post to CT. This will be an Archived chart to refer back to on TV. As for the Bull market, it is over. Now we prepare a retrace (regardless of how big or small) and a Bear in all markets. Thanks again to Trading View for the follow and giving technicians...

JTheretohelp1

Friends I have one more chart for the day, but this one is IMPORTANT! All that needs to be stated is on the chart. My best guess is we find our local bottom, and then Bitcoin will Bounce hard. It will be the retrace that for many will be refreshing, but it will be deceiving, for it will be the LAST retrace of the entire Bull market. It is uncanny how identical the...

JTheretohelp1

Good day friends, I sure hope your all having a good day. I wanted to update some retrace options based on a couple of differing factors. IF, key word if, $42K is the LOW of this impulse, I still see a retrace back to the .618-.786 Fib and a back test to our broken trend line. However, if we have one more leg lower to go (in the shorter time frame), my thinking is...

JTheretohelp1

LTF chart HOLD THE LINE!!! If we lose that, we watch the 200MA

JTheretohelp1

Sometimes its easier to give a rationale behind my Bitcoin top call. I think there is no better chart that can do that than the S&P. I think the chart speaks for itself.

JTheretohelp1

Friends I hope your having a great start to your week. I wish I could say the same for crypto. As I have been posting for weeks now, $69K is increasingly looking like it was THE top of $BTC. The only saving grace is that if Bulls can manage to stay over $39.8K on a weekly closing basis. However, even in that scenario I have my own doubts as we are seeing cracks...