TonyTheBull

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Tune in
I am going to say more things no one wants to hear
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I warned that something catastrophic could be coming
It’s in the charts
I say this in advance, and I am widely ridiculed
Then the President of the US makes a statement that he’s going to end a civilization tonight
This is not a joke. The reality of this is life altering across humanity
I tried to prepare others. But I guess there is just no preparing for this amount of risk
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The Universal Laws of Nature are omnipresent in financial markets
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The right perspective is everything
Those focusing on the daily, weekly, etc. are missing what's going on the highest timeframes
The high timeframes are telling us this has a lot more to go
6M RSI is nowhere near a bottom zone
Price is still hanging onto the Tenkan-sen. Losing it results in a -58 to -74% decline
I have estimated for a 50% decline due to diminishing drawdowns, which takes us to where?
My target at $34,000
A breakdown of this wedge pattern should do the trick
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Note: Cycles can happen, yet not produce a new ATH and simply be a bear market rally
The biggest problem this space has, is thinking a cycle didn't happen because it didn't behave the way they expected
Doesn't mean it wasn't a cycle
Smaller degree cycles, known as intracycle harmonics, exist within larger degree cycles
The smaller degree harmonics will behave different depending on where the smaller degree cycle is in the larger degree cycle
Past the larger degree cycle amplitude, and it becomes more likely that cycles are bear market rallies
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This is the point of the cycle where alt season would end, and Bitcoin season would resume
What happens to alts now?
BTC-2,58%
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“We are just in an extended cycle”
Interesting
Ever see an extended “day”
And extended “year”
And extended “moon phase”
Cycles are rigid in term of time
Everything else can change
A clock’s face is round for a reason
It doesn’t extend
The forces of a cycle can combine to alter the environment
Example: the Earth’s rotation (cycle) gives us seasons (cycles) that change how much day and night (cycles) we get unless it’s an equinox
Even with all that fluctuation, change, etc. the timing never changes
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“Altcoinsmart” works
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Have you ever felt capitulation before?
Can you say with full honesty that this market has capitulated this cycle?
I promise you it hasn't
When I am not the only guy questioning Bitcoin's survival, capitulation has happened
When capitulation arrives, no one will want to buy
Until we see those uncontrollable subconscious emotions spilling out, we haven't bottomed
BTC-2,58%
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Thank goodness we've bottomed!
This could have been really really bad for Bitcoin
Phew – all the HOLDers were right. Ignore the downward momentum in the chart like they say
I better buy in right away so I don't miss the guaranteed new all-time high that's due any day now
BTC-2,58%
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Something seems to be missing, but I can't quite put my finger on it
What do you think? 🤔
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Oil inverse head and shoulders pattern
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HTF Oil charts all scream extreme strength to me
These are the exact same signals I saw in Silver before it had its massive run
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Timeframe matters
Weekly signals might suggest a bottom is near
Higher timeframes have a lot to go
Up to 273 days before we've bottomed according to the Williams %R
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I promote awareness
You must have the vision to see
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Classic expressions of volatility like Bollinger Band Width and Historical Volatility suggest Bitcoin is the calmest ever on higher timeframes like the monthly (record low readings)
But this is the calm before the storm – emotions can only compress for so long, before energy is released
A regime change to high volatility is due
What will cause such a stir?
BTC-2,58%
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Bulls take the stairs
Bears take the elevator
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Go to hell
Grow to heaven
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Maybe
Just maybe then you should hang this up
Or get better at it
I am often right — and I am right when I say this guy’s work is a net negative for this space
Misleads his audience off cliffs on the regular
He is a major reason I don’t promote Elliott Wave as much anymore
You can’t just throw count after count on top of the chart to project what you want to see
And then he has the nerve to call out an analyst I consider to be legendary — and the inspiration for my becoming a CMT
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A storm is coming
Are you solid enough to weather it?
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