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Market Watch: ATH by edicted

View this thread on: hive.blogpeakd.comecency.com
· @edicted ·
$105.59
Market Watch: ATH
<center>![image.png](https://images.hive.blog/DQmeDCkT4HYvgiopw2XafKtFKgWYQbw5QwJ2s4rEG9VmCfp/image.png)</center>

Bitcoin has done nothing but go up during the bearish moon cycle, and I can't say I'm very surprised.  Sure, it could flash crash at any moment, tomorrow is the Blood Moon after all.  However, none of that wizardry really matters any more.  The macro 4-year cycle wins.  Bitcoin is on it's way to $250k+ in less than three months.  Crazy thought.  It sounds ridiculous when I say it out loud.  

#### This is a somewhat bittersweet moment for me. 
If the market really does bubble that high, surely there will be a year-long bear market to follow.  That's not going to be much fun.  Lame. I'm essentially stuck in a holding pattern.  I can't buy more crypto, and I can't sell it either.  Stuck in that awkward transition period. 

<center>
![annual_cycletemp.png](https://images.hive.blog/DQmc8DzkrxBCaY6qMpkKtMZNQucmV5dEA9pTXw5SHrB5mLK/annual_cycle-temp.png)</center>

It's crazy that Bitcoin has been above the doubling curve for an entire year straight.  I guess that's what happens when the market tries to price in the 4-year cycle an entire year early.  However, we are right were we should be now in terms of percentages comparatively to 2017. With a little luck we will complete the pattern and embrace full FOMO madness. 


#### October isn't even the good month. 
 [No Dip November is coming.](https://peakd.com/hive-167922/@edicted/no-dip-november) Although this time around I think it's going to be One Dip November, as the chance that we don't flash crash at $100k unit bias seems pretty slim.  This is pretty much what happened in November 2017 as well.  Had that dip from $7500 to $5500 (25% dip) but with a massive rally into Degen December to peak near $20k.  

![volcanosalvadorpower.png](https://images.hive.blog/DQmZtu7FW2Teb4KTjtpt6R5UA3DGUcwPAMrfPrNZ9N9Bf5h/volcano-salvador-power.png)

It's honestly pretty crazy to see BTC at x3 the ATH while networks like Litecoin haven't even gotten back to the ATH yet.  This is how alts work.  First Bitcoin moons, sucks up all the dominance, then money starts flowing to alts.  Expect dominance to continue to rise while number go up.  Alt-season doesn't start till the plateau. Deal with it. 


### Degen December
In 2017 we saw the ultimate 3 week rally right at the end where BTC went x3 in 21 days. I expect the same thing to happen this time around as well.  $100k will be the baseline that gets set in November, and an x3 will bring us somewhere near $300k before the volcano blows its top and we get crazy volatile sideways action. Again, I could even see it getting all the way up to $400k. 


![volcano.png](https://images.hive.blog/DQmbTpVEZGrxEozetkJPCS8RL1n6HRiA35fmQzhdCxNs6cs/volcano.png)

#### How can we time to top and try to take gains?
Obviously this is the ultimate hattrick to pull out, as it allows us to capture maximum gains.  I did a pretty good job of this last year.  [Check out this post I called it exactly down to the day.](https://peakd.com/hive-167922/@edicted/corporate-sharks-try-to-bait-bears-into-trap) When volume drops off a cliff this is when you have to be worried about the flash crash.  Hopefully I can time it that well this time around too. That would be pretty epic. 

### Conflicting prophecy. 
I thought it would be a good time to short the market because of the moon cycle, but I've also been predicting $65k before the end of October for months now. Not sure what I expected.  I guess this was the only way it could have really gone down.  A flash crash would have put us too far behind the curve.  

At this point I think we are relatively safe until $100k.  I imagine there will only be 10% retracements maximum, which are impossible to predict and very hard to make money off of.  This is not the time to be trading.  October and No Dip November are massive hold months.  In fact, I'm holding all the way until Christmas.  Gotta get that Christmas money.  No coal in my stocking this year.  Hallelujah! 

The waters have already been tested pretty hard.  A few whales tried to sell the news on the ETF and they've already been wrecked.  It's hard to imagine any kind of crazy dump happening for a while.  Maybe we test $60k again, but that's not really a big deal at all at this point.  I guess that's what you get when entire countries are legalizing this thing as a foreign currency.  My god... I would not want to be a regulator this day in age. 

### Conclusion
The bulls are fully dominating.  The 4-year cycle is proving that it trumps all other metrics of analysis once again. I'm not worried about a full 30% retracement until $100k-$110k.  Onward and upward.  The FOMO is coming.  Ugly, glorious, FOMO. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@edicted/market-watch-ath)
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 460 others
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@adetorrent ·
$0.08
Bitcoin to the moon. lol.  We just need China to not ban it again, again, this week lol
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@aiovo ·
$0.07
bitcoin and altcoins  prices have been high and some are saying it will reach 100k what you guys think 
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@ajanaku ·
$0.07
Nothing best than buying btc when in dip and other opportunities is when he retrace but I don't see any retracement as of now ,I will keep holding my little btc



---

<center><sub>Posted via [proofofbrain.io](https://www.proofofbrain.io/@ajanaku/r19gb9)</sub></center>
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@aussieninja ·
$0.07
What are you thinking of doing at the $100k-110k mark?  Heading into alts like Litecoin and Hive at that point?
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@edicted ·
$0.43
I probably won't do anything, but I might open up an x3 short position with a couple grand and try to buy back in at $70k-$80k and go long till the end of the year. 
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@automaton ·
$0.07
Bitcoin will steal the thunder for now. Can’t wait for the alt season to begin though. Litecoin and Hive should get their moment in the spotlight. I use these chains more then any other combined…
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@bagofincome ·
$0.08
Beautiful how it just happened! LFG!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@bagofincome/re-edicted-2uvkqy)
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@doitvoluntarily ·
$0.07
no dip nov lets goo πŸš€
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@elmundodexao ·
$0.07
<center><sup><h2>
Hello @edicted… I have chosen your post about β€œ-Market Watch: ATH-” for my daily initiative to re-blog - vote and comment…
![21.jpg](https://images.hive.blog/DQmSpoCmwfaYUkLRcxJJBtnHuvLeSefmbR4bCbzYhWBRsWj/21.jpg)
Let's keep working and supporting each other to grow at Hive!...</h2></sup></center>
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@empress-eremmy ·
$0.07
Can't wait for that money flowing to the alts part to happen. Need to buy more LTC
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@galberto ·
$0.11
https://images.hive.blog/DQmZtu7FW2Teb4KTjtpt6R5UA3DGUcwPAMrfPrNZ9N9Bf5h/volcano-salvador-power.png
i love our izalco Volcano, well man i am try to get and review our chivo wallet try to get the better earned for our US$30.00 airdrop in El Salvador, it the oportunity to get x3 or x4, but our glorious hive go to the moon
that let us be better positiΓ³n, thanks a lot for learn us about how to adopt the plan and get winners slowly slowly.
best regard.
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@optout ·
God bless El Salvador Galberto!  I spent a few months in Ilopango long ago.  I love that place.  

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@optout/re-galberto-4ldtrs)
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@ganjafarmer ·
$0.21
Got a bet with a friend. I'm taking the underdog in his mind. He will make a great return when I win. LoL and so will I. 

Yep. 

@cowboyblazerfan

Deal is a deal. If bitcoin hits 100,000 I win. 

If it don't by January 1st. He wins... 

Have a feeling Bitcoin might show me some.fun...
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@edicted ·
$0.34
I have the same bet with @yabapmatt. 
I forget how much it is... something like 100 or 200 Hive...
I think we made the bet in like February or something crazy like that. 
I'd have to check. 
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@ganjafarmer ·
$0.07
Yeah man!!! I'm getting great thoughts about getting this. And I'm not that rich but back then that wasn't alot of cryptocurrency. Now it is..
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@jfang003 ·
$0.11
I hear a lot of people calling for alt season. Do you think it will push HIVE price up as well?

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-edicted-6npted)
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vote details (5)
@optout ·
$0.07
Certainly!  But as Bitcoin runs up, it usually sucks some of the air out of some alts.  The real altseason will start when BTC stalls out, like the man said in the original post.  When BTC stopped in 2017, alts went to the moon for a month after before they started crashing.  I expect something similar this time around.  Including Hive.  

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@optout/re-jfang003-2am52v)
πŸ‘  , ,
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vote details (3)
@jfang003 ·
$0.03
Ah the bear market is going to suck but I guess it's fine for those of us on HIVE since we can still build our positions for the next run.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-optout-6xjqst)
πŸ‘  
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vote details (1)
@melbourneswest ·
$0.07
I wonder what 100k Bitcoin will look like, maybe a massive crash straight after as many take profit and await the next cycle and dip. These ETFs are going to bring significant pain to alot of mainstream investors. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@melbourneswest/re-edicted-6c1rhx)
πŸ‘  
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vote details (1)
@readthisplease ·
$0.07
Am I the only one that has a bad feeling about the ETF?
πŸ‘  
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@melbourneswest ·
Nope, I do to. Producing some content atm but it is stuck encoding on threespeak 
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@mistakili · (edited)
$0.08
I pooled Rune with Bitcoin asymmetrically because of this exactly, my bet was that Bitcoin will out perform rune, now let the rune printing begin as thorchain comes back fully online.
πŸ‘  
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vote details (1)
@nonsowrites ·
$0.07
You make timing and analysing the market a lot fun. I should get me some btc in anticipation of the mega run (I know, I know, not financial advise). Fingers crossed. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@nonsowrites/re-edicted-ebsqs)
πŸ‘  
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vote details (1)
@onwugbenuvictor ·
$0.07
No dip November is going to be funπŸ€—πŸ˜Š
πŸ‘  
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vote details (1)
@optout ·
$0.07
Man you're still calling for $400k BTC?  That's a bold strategy Cotton.  Let's see how it works out for him.  LOL.  I hope you're right.  I think your "take profits at $250k" is very good advice and I'm going to try to follow it, but I'll probably get too greedy like usual.  

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@optout/re-edicted-9jvin)
πŸ‘  ,
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vote details (2)
@preparedwombat · (edited)
$0.20
>How can we time to top and try to take gains?

I’m going to be focused on <a href="https://peakd.com/leofinance/@preparedwombat/the-rhodl-ratio-the-holy-grail-of-bitcoin-market-timing">the RHODL Ratio</a>. It’s been a good signal in the past so for better or worse I will be watching it closely.
πŸ‘  
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vote details (1)
@edicted ·
heh okay you keep me posted then
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@readthisplease ·
$0.07
I love No Dip November. 
πŸ‘  
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vote details (1)
@selfhelp4trolls ·
$0.07
It’s strange…. Even with all the bullish news I’m still in denial. I think I can’t believe that the big guys would allow me to 5x my holdings again without doing much more to scare me out of the market.  But then again 50% drops didn’t phase me so I guess I got stronger hands than most of the retail who hasn’t been holding since 2017. 
πŸ‘  ,
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vote details (2)
@shortsegments ·
$0.07
Yep, it’s up, up and away for Bitcoin.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@shortsegments/re-edicted-xtplb)
πŸ‘  
πŸ‘Ž  
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vote details (2)
@stayoutoftherz ·
$0.07
> "It's crazy that Bitcoin has been above the doubling curve for an entire year straight."

Not crazy. Maybe it is time that you adapt your curve to fit to reality, instead of always finding a reason of why reality is *not* behaving like your curve. 
πŸ‘  ,
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@edicted ·
Eh it will come back to the curve in another year. 
Just watch. 
πŸ‘  
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vote details (1)
@allcapsonezero ·
$0.07
I'm banking on it
πŸ‘  
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vote details (1)
@taskmaster4450le ·
$0.65
The crypto ATH hits the same day as the announced release of the mobile app for Leofinance.

Coincident?

I think not.  Leofinance is driving the crypto market to record heights.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-edicted-43dtbv)
πŸ‘  , , , , ,
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@empress-eremmy ·
Lol okay this made me laugh...but I must say, you have a good point!
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@nonsowrites ·
Taskie is at it again...🀭

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@nonsowrites/re-taskmaster4450le-wgzzh)
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@selfhelp4trolls ·
Hahaha yes!!!! I knew it!
πŸ‘  
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vote details (1)
@urun ·
mobile app!!!!!!
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@tobetada ·
$0.08
I'm on board again ;)

https://peakd.com/hive-167922/@tobetada/crypto-analysis-or-btc-120k-in-the-next-weeks

But why 4 months? This cycle has already been longer than any cycle before it (we should have peaked now if the cycle was linear). I see an ATH easily in Spring/Summer


![grafik.png](https://files.peakd.com/file/peakd-hive/tobetada/23uRKszLs9S4CaNa5T9GT2rZfaodFNbQ6dSJDa2BTnet4CoePSVC7CP3buwWtwrQsp8ZE.png)
πŸ‘  ,
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vote details (2)
@edicted · (edited)
lol man just stick to the 4 year cycle. 

your silly resistance lines are about to get decimated because they never existed in the first place
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@tobetada ·
$0.07
you haven't looked at the chart correctly, the cycles *are* extending. No question about it. And if you haven't noticed, my analysis is in bull mode again ;)
πŸ‘  
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vote details (1)
@urun ·
$0.07
Do it!!!!!!! GM!!!!!

πŸ‘  
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vote details (1)
@young-boss-karin ·
This gets me high on some serious hopium. My logical self gives way where cryptocurrency is concerned because absolutely anything could happen.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@young-boss-karin/re-edicted-7s7aa7)
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