bitcoindata21 (@bitcoindata21) 's Twitter Profile
bitcoindata21

@bitcoindata21

Investor/Analyst in Bitcoin & Bitcoin Miners

ID: 1593663585628069889

calendar_today18-11-2022 17:53:16

2,2K Tweet

1,1K Followers

219 Following

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Scrolling the 'For You' tab, there are two major consensus beliefs. 1. Bitcoin tops between 100 and 150k. 2. Bitcoin tops in q4 2025. When I say consensus, I'm talking atleast 60-70%, and that number will only grow once the newbies join en masse. I don't believe in being

Scrolling the 'For You' tab, there are two major consensus beliefs.
1. Bitcoin tops between 100 and 150k.
2. Bitcoin tops in q4 2025.

When I say consensus, I'm talking atleast 60-70%, and that number will only grow once the newbies join en masse.

I don't believe in being
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Breaking down the Pi Cycle Indicator If you ask most people what they will look at when selling bitcoin, this indicator is right at the top of the list. I'm about to disappoint a lot of people... Each cycle, the 2 moving averages cross a little less. Last cycle it was very

Breaking down the Pi Cycle Indicator

If you ask most people what they will look at when selling bitcoin, this indicator is right at the top of the list. I'm about to disappoint a lot of people...

Each cycle, the 2 moving averages cross a little less. Last cycle it was very
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Just to analyse Bitcoin Monthly 90 RSI a bit more (see quoted post): The line shows the price that is required for Monthly RSI to hit 90. Even if we assume that it will fall short, we can look at the ratio of price to the line, to see trends from cycle to cycle. Currently

Just to analyse Bitcoin Monthly 90 RSI a bit more (see quoted post):

The line shows the price that is required for Monthly RSI to hit 90. Even if we assume that it will fall short, we can look at the ratio of price to the line, to see trends from cycle to cycle. Currently
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Bitcoin - Cointime: True Market Mean Price *Red arrow shows the [price/true market mean] ratio target (pink line). The bull market is not over... "The True Market Mean Price, or the Active-Investor Price, is a representative cost basis model for all coins acquired on secondary

Bitcoin - Cointime: True Market Mean Price

*Red arrow shows the [price/true market mean] ratio target (pink line). The bull market is not over...

"The True Market Mean Price, or the Active-Investor Price, is a representative cost basis model for all coins acquired on secondary
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STOCK MARKET INDICATOR Red line @ 6194 for S&P500 *Peak euphoria for bitcoin at red arrows. (Target Q1 2025) *See quoted post for more details.

STOCK MARKET INDICATOR  
Red line @ 6194 for S&P500  

*Peak euphoria for bitcoin at red arrows. 
(Target Q1 2025)

*See quoted post for more details.
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If I look at where the ratio on the Stock Market Indicator is currently x.com/bitcoindata21/… , and then find the earliest date for the same in the 2 previous cycles: 16th October 2017 16th December 2020 Then take fractals from those dates to the bitcoin top, here is what you

If I look at where the ratio on the Stock Market Indicator is currently x.com/bitcoindata21/… , and then find the earliest date for the same in the 2 previous cycles:
16th October 2017
16th December 2020

Then take fractals from those dates to the bitcoin top, here is what you
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5 methods for bitcoin price targets (see below for more details) AVERAGE: $241,268 $233,666 Monthly RSI 90 $262,500 Pi Cycle Forecast (250k-275k) $230,000 Regression 99% Quantile (Q1 2025 end) $249,175 Major 4 Central bank Balance Sheets $231,000 Stock

5 methods for bitcoin price targets (see below for more details)

AVERAGE: $241,268

$233,666      Monthly RSI 90
$262,500     Pi Cycle Forecast (250k-275k)
$230,000     Regression 99% Quantile (Q1 2025 end)
$249,175        Major 4 Central bank Balance Sheets
$231,000      Stock
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If you ever needed proof that we are 9 months ahead of the "November every 4 years" bitcoin cycle... here it is. These are the MVRV values for the election years: Blue 2013-2016 Red 2017-2020 Green 2021-2024 (SHIFTED FORWARD 9 MONTHS) White: Average of all 3 above Pink: Current

If you ever needed proof that we are 9 months ahead of the "November every 4 years" bitcoin cycle... here it is.

These are the MVRV values for the election years:
Blue 2013-2016
Red 2017-2020
Green 2021-2024 (SHIFTED FORWARD 9 MONTHS)
White: Average of all 3 above
Pink: Current
bitcoindata21 (@bitcoindata21) 's Twitter Profile Photo

BITCOIN SENTIMENT CHECK #4 Sentiment covers the Coinbase app, Robinhood app, Retail interest, and Google trends. Coinbase App Store ranking on apple iOS 7 day moving average = 469 *The app reached no.1 in December 2017, April 2021, and November 2021 Robinhood App Store

BITCOIN SENTIMENT CHECK #4
Sentiment covers the Coinbase app, Robinhood app, Retail interest, and Google trends.   
 
Coinbase App Store ranking on apple iOS    
7 day moving average = 469 
*The app reached no.1 in December 2017, April 2021, and November 2021

Robinhood App Store
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Instead of looking for a Bitcoin Realised Profit/Loss Ratio of 6, how about 1.5 standard deviations from the cumulative mean (when the blue line crosses the dark purple line). Not perfect in 2013, but otherwise looks better (more pinpoint). For this cycle we have the horizontal

Instead of looking for a Bitcoin Realised Profit/Loss Ratio of 6, how about 1.5 standard deviations from the cumulative mean (when the blue line crosses the dark purple line). 
Not perfect in 2013, but otherwise looks better (more pinpoint). For this cycle we have the horizontal
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End of week update on bitcoin miner portfolio: made lots of small changes. Added $BITF as its oversold now. Up 31.7% for the week, only $CLSK has outperformed. Very satisfied with that. I see value technically in CLSK MARA RIOT COIN with a bit for BTBT HIVE IREN. The only ones I

End of week update on bitcoin miner portfolio: made lots of small changes. Added $BITF as its oversold now.

Up 31.7% for the week, only $CLSK has outperformed. Very satisfied with that. I see value technically in CLSK MARA RIOT COIN with a bit for BTBT HIVE IREN.
The only ones I
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Since I've been posting more regularly from September, I've had no shortage of trolls and attacks. Being called a moron, told I'm smoking cr@£%, and so on. Trolls stay loud when unchallenged, so I'm going to hit back (as the block button no longer exists) with memes like this. If

Since I've been posting more regularly from September, I've had no shortage of trolls and attacks. Being called a moron, told I'm smoking cr@£%, and so on. Trolls stay loud when unchallenged, so I'm going to hit back (as the block button no longer exists) with memes like this.
If
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For those that are comparing the current bitcoin consolidation to the top in 2021, just look at the 3 month candles. There is no sign of exhaustion in the candles, unlike 2021.

For those that are comparing the current bitcoin consolidation to the top in 2021, just look at the 3 month candles. There is no sign of exhaustion in the candles, unlike 2021.
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Haven't seen anyone talk about the usefulness of applying yearly closes to chart, as a potential support/resistance area. See the yellow dotted horizontal lines, showing the bitcoin closing prices at year end. I expect the closing price at the end of 2024 to play a role in

Haven't seen anyone talk about the usefulness of applying yearly closes to chart, as a potential support/resistance area. 

See the yellow dotted horizontal lines, showing the bitcoin closing prices at year end. I expect the closing price at the end of 2024 to play a role in