This is an updated version of my previous TA "Bitcoin roadmap" which I will include below.
Using the Total Crypto Market Cap (excluding Bitcoin ) chart I have found a potential market cycle top later in 2022 which I go over briefly in "Bitcoin Roadmap" about having a lot of Fibonacci Time Zone dates around that time. Have a look below at this TA how I came up with that conclusion.
So if Bitcoin breaks Momentum Shift 1 before reaching Momentum Shift 2 price trajectory will peak in January 2022 but if Bitcoin takes longer to break, Momentum Shift 2 trajectory is April 2022.
The orange dotted line across the chart with the blue drop is showing where the top Fibonacci Log regression would be.
So we all know that last cycle Bitcoin peaked and then 28days later alt coin market peaked , well looking into this cycle so far exactly the same thing has happened, Bitcoin peaked at 65k and exactly 28days later the alt coin market peaked , incredible how it played out the same way.
Cycle Peak Zone 1
Fibonacci Time Zone = 10th January 2022
Fibonacci level 0.5
Fibonacci log growth 150000
Cycle Peak Zone 2
This date is now based on the idea that total crypto market cap will peak around that date , also on top of the Fibonacci Log regression and on 0.618 Fib.
Bitcoin Roadmap Version 1
Using the Total Crypto Market Cap (excluding Bitcoin ) chart I have found a potential market cycle top later in 2022 which I go over briefly in "Bitcoin Roadmap" about having a lot of Fibonacci Time Zone dates around that time. Have a look below at this TA how I came up with that conclusion.
So if Bitcoin breaks Momentum Shift 1 before reaching Momentum Shift 2 price trajectory will peak in January 2022 but if Bitcoin takes longer to break, Momentum Shift 2 trajectory is April 2022.
The orange dotted line across the chart with the blue drop is showing where the top Fibonacci Log regression would be.
So we all know that last cycle Bitcoin peaked and then 28days later alt coin market peaked , well looking into this cycle so far exactly the same thing has happened, Bitcoin peaked at 65k and exactly 28days later the alt coin market peaked , incredible how it played out the same way.
Cycle Peak Zone 1
Fibonacci Time Zone = 10th January 2022
Fibonacci level 0.5
Fibonacci log growth 150000
Cycle Peak Zone 2
This date is now based on the idea that total crypto market cap will peak around that date , also on top of the Fibonacci Log regression and on 0.618 Fib.
Bitcoin Roadmap Version 1
