Sykodelicc

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Sykodelicc

6h ago

This has been shared so much.
The May 2022 fractal.
Everyone using it as their single piece of data as to why we will go lower and follow the exact same path as 2022.
But it looks nothing the same.
We have a bullish cross on the 9/21D EMA and a break of downtrend.
We now have a triple buy signal on the relative strength index.
It's all starting to look like higher here.

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Sykodelicc

10h ago

I am doing a AMA.
Do you have something you'd like to ask me?
If so, please join my Free Discord and be a part of this Syko community AMA.
It will be on Monday 16th March at 9pm GMT time.
You can join using the link in the comments below :)

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Sykodelicc

10h ago

No one wants to believe this.
But we now have full bullish alignment for Alts.
And this is right at the time that pretty much 100% of people have declared them dead forever.
It is not a coincidence.
I understand alts have been a tricky and disappointing asset class for many...
But we must not let feeling get in the way of objective data.
This bullish alignment we have now confirmed has only happened three times before.
It is when the 1month RSI ticks up and RSI trend changes.
For deeper analysis, the 1M RSI has been bearish since May 2024, and it has now flipped bullish.
Each time these condit

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Sykodelicc

11h ago

We now have a double buy signal on Bitcoin.
The relative strength index is not giving up any ground here, and has flashed its second buy signal only two days after the first.
This signals heavy capital being allocated into Bitcoin while the price is compressing.
Right now, relative strength indicator is at $87k.
With Bitcoin holding well over the last week, we are seeing the signs of this allocation...
And next up should be the extension.

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GateUser-378c4af2

thanks for the useful information 🙂

Sykodelicc

03-11 20:40

Lets be 100% real here for a minute.
Even if you are the hardest of gay bears...
Now is not the time for it.
Bitcoin has just put in 5 monthly red candles in a row.
The second largest amount in history, only second to 2018, where it put in 6 months.
However, during that time, the bottom was actually found in the 5th month.
In addition, the 1M RSI is at the second most oversold level, and the PMI has entered expansion.
Something that has preceded every bull cycle we have had.
So right now we have:
- Tied red monthly candles where the bottom was found
- Second lowest level 1M RSI
- ISM PMI in e

BTC2,91%

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Sykodelicc

03-11 20:13

Very key level here for Bitcoin.
Break above and we push to $88k & 1W 50EMA.
Break lower and range lows and 200D SMA are on the cards.
Which way sers?

BTC2,91%

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Sykodelicc

03-10 21:55

It's becoming very clear.
The amount of confluence all over these pivotal market charts is staggering...
And I don't understand how anyone can be ignoring it.
This is a big one.
Here we have:
- BTC.D minus stables
- Bitcoin
- PMI
We can see here that the same pattern is being followed.
1. BTC.D breaks the uptrend
2. PMI breaks into expansion
3. Between 196d - 238d BTC.D pushes higher & drops
4. Dominance drops AS Bitcoin rallies
Right now we have:
- Broken the BTC.D uptrend
- PMI has broken out
The next phase is for Bitcoin to grind higher as BTC.D pushes, with continues PMI expansion.
Then Bi

BTC2,91%

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Sykodelicc

03-09 20:45

Literally no one expects something like this.
Crypto holders have been so battered that they simply cannot entertain a situation like this unfolding.
The thought of Bitcoin going up 10% is too much to handle at the moment, let alone reaching a peak of $250k.
But the fact is that this projection has a lot of weight.
This is sound TA based on the logarithmic chart, with key levels all being respected throughout.
It is not a coincidence.
We can see that previous cycles have had a very similar pattern of:
- Top
- Bottom
- Mid cycle top
- Mid cycle bottom
Then onto the overall top again.
The fact i

BTC2,91%

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MKamran

🚀 To the moon!

Sykodelicc

03-09 20:10

Things are looking pretty healthy.
In comparison to the last range from $80k to $98k, this time, the foundations are much stronger.
Back then we had:
- Rising price
- Rising Open interest
- Deeply negative Coinbase premium
This time we have:
- Rising price
- Flat Open interest
- Positive Coinbase premium
There is a lot more genuine bid happening here with less people willing to ape in heavy with leverage.
Again, im not confirming we won't revisit the lows...
But this setup is far more favourable than last time.

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Sykodelicc

03-09 03:04

Things are getting wild...
And yet Bitcoin is making higher lows.
This doesn't mean that the low can't be swept, but it is something to take note of.
It seems that Bitcoin is barely moving on bad news or correlating assets moving lower.
In the 2022 bear market, bad news kept nuking BTC over and over.
But now, we are holding this area and starting to become numb to events.
When good news stops moving the price higher the top is close, and when bad news stops moving the price lower, the bottom is close.

BTC2,91%

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MayAllYourWishesComeTrue.

That's right, I paid attention.

Sykodelicc

03-06 19:14

It is pretty pathetic.
The amount of fear and panic on this app.
So many fear mongering, scared little boys, unable to control their emotions.
This war will be over and done with so much faster than everyone is saying.
And all of a sudden, everything will go back to being fine. Not just fine, better.
And the crashing out of everyone will have been for absolutely no reason, just like it is every other time.
No, we are not going to WW3.
No, we are not going into 2008
Get a grip of yourself and shake your head.
All it takes is one announcement saying they have reached a peace deal, and that’s

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Sykodelicc

03-06 00:24

I am not currently in a trade.
Market is sending mixed signals and there is a high chance a few traps are being set here.
We have a lot of people expecting the exact same price action from the January sweep high at 98k...
But as we can see here, Coinbase Premium looks a lot different from then. During that whole push up it was deeply in the red.
And the ETFs are bidding hard right now.
We've had spot selling on this drop but also a wipe off almost all the OI since the original impulse.
This push up seems to have a lot more support than when we were at $98k.
Observing for now.

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Sykodelicc

03-05 20:08

OIL is absolutely ripping...
For the first time in years.
And it has a very high correlation to Bitcoin and the PMI.
In fact, there has never been a period in Bitcoins history where it has not followed OIL.
To add to that, both of these link to the PMI.
Yes, there is a war happening and that effects the price of OIL... but what are the narratives for all the other times? There will always be one.
The fact is that OIL performs well in times of economic expansion as it is required for almost everything to do with development and industry.
And Bitcoin performs well in expansion because it is baro

BTC2,91%

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Sykodelicc

03-05 07:21

Added a sizeable amount of $TAO to the portfolio here.
I think the worst is over for alts now with OTHERS.D being so resilient. Even if we get a low sweep on BTC, these are deep value areas.
Secured a decent stack of $SOL at $84 average, and now I'm adding $TAO.
I think $TAO is the best R/R when it comes to #AI crypto...
And really liking the chart.
A one year consolidation, deviation below the equal lows here...
Next up I think we go for the expansion.
Doesn't get much better.
Be greedy when others are gay.

TAO12,78%

SOL4,23%

BTC2,91%

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Sykodelicc

03-05 02:34

Bitcoin looks impulsive here.
But we need to see more to be able to be confident we have found a low.
We can see something similar happened up at $96k.
We got a push above the range, on increasing volume... but its stalled, ultimately falling back into the range and heading to new lows.
Two levels that determine where we go.
Over $74K+ = $88k
Back into the range = potentially a low seep
I will look for longs on a reclaim of $74k and shorts if we accept back below $72k.
Keep it simple.

BTC2,91%

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Sykodelicc

03-04 22:01

Everyone is underpricing this.
Overall ISM has now been in expansion for 2 months...
And we just had a MASSIVE beat on ISM services for Feb, coming in at 56.1, when only 53.8 was expected.
As I keep telling you all... we are in expansion.
But everyone is so bearish, they literally cannot see all the data showing its hand very clearly.
Every month I get someone tell me "next month it will drop"...
But it doesn't work like that.
Its cyclical.
We are expanding and to bet on a prolonged bear market in economic expansion is just stupid.

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Sykodelicc

03-04 21:39

Is Bitcoin about to absolutely smoke stocks?
The BTC/SPY chart is looking very ready.
And just like the BTC and the $IGV chart, the BTC/SPY chart is looking to print an expanded flat here.
- Super clean 5 waves up from 2022
- A-B-C correction
- Deviation below April 2025 low
- Weekly engulfing candle to close back inside the HTF range
Once confirmed, this would again, further solidify my overall thesis on new BTC highs this year.
And its all happening as the majority gave up and declared it dead once more.

BTC2,91%

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Sykodelicc

03-04 19:55

People are heavily shorting this rally.
The 1D Funding level is close to the $60k bottom levels.
If it wasn't for that, this would be the biggest negative funding day since March 2023.
3 years!
We also have Spot buyers pushing here and the strongest 1D Coinbase premium since October 13th when Bitcoin was nicely over $100k.
This is a genuinely strong rally and shorting this level will be very tricky.
Daily close today will be pivotal.

BTC2,91%

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Sykodelicc

03-04 04:10

Another record low here on Bitcoin.
And its a big one.
This is the Ultimate Oscillator.
It measures price momentum across the 7, 14, and 28 day periods. It is a more reliable aggregation than just viewing singular periods.
We can see here that the Ultimate Oscillator has reached the same record low as the bottom in 2015.
The oscillator is now lower than every other bottom in every bear market.
And its happened after only 5 months and 50% down.
It doesn't mean massively up straight away... but what it does show us is thatm just like every other cycle at this point...
Other than a sweeping lower

BTC2,91%

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Sykodelicc

03-04 01:08

This is probably the most bullish thing anyone in power has ever said about Crypto.
And it’s the sitting American president.
The most powerful man in the world.
Bitcoin was at $69,000 just over 4 years ago with the whole system against it.
Bitcoin is currently at $68,000 with the system pushing for it.
Once these grey areas of regulation are cleared and the vehicles for true TrafdFi money to roll in…
You better hope you are allocated.
Crypto is only a $2.5tn industry. That is smaller than the top 5 companies in the world.
Even if you’re bearish on its ability… it’s gonna 4x at least.
The C

BTC2,91%

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