Coiner-Yadox Profile picture
May 4, 2021 β€’ 25 tweets β€’ 8 min read β€’ Read on X
$BTC $BTCUSD #BTC

πŸ…ΌπŸ…΄πŸ…ΆπŸ…° Thread on several Models / indicators / On Chain Analysis

Part 4

Update at $btc=57k, May 2020
Taking support on NVT like previous cycles
RVT ratio
previous resistance as support, acting similarly as previous bull cycles
Bitcoin Mayer Multiple

still In Bull market territory
200 week moving average heatmap now in yellow
advanced in the cycle -similar to q2/q3 2017-but probably not a top yet
Puell multiple

After the higher low, now in a consolidation between 2 & 3 like previous cycles -similar to q2/q3 2017-
S2F
no need for explanation
Pi cycle top indicator gave a pretty good signal at 60k+
This one would be the most bearish signal as of yet
Bitcoin log growth curves
Similar as previously, seems advanced in the cycle, but doesnt look as a top -probably like q2/q3 2017-
MVRV Z-Score made a Parabolic advance starting like previous bull markets
now doing a consolidation between 2 & 6 similar to q2/q3 2017
1Y+ HODL wave
signs of distributions like previous bull markets ?
RHOL ratio

consolidation around 10k like previous cycles
Relative Unrealized profit/loss

consolidating in the greed zone -like q2/q3 2017- but didnt touched yet the euphoria area
Miner capitulation, similar to previous cycle

Lol it actually looks so similar, with the halving kicking the hyperspeed
Bitcoin long term power law

on the last part of the bull cycle and approaching resistance soon
BEAM indicator

mid cycle, similar to q2/q3 2017
mayer multiple bands

consolidating between bullish and bullish extension
Based from their lows, this cycle seems on track compared to 2 previous ones - and also ~~like q2/q3 2017
$btc reserve on exchange continueing to be depleted rapidly and at the same speed
NVM hitting highs never seen before
MPI indicating that miners are really quiet since March 1st
Conclusion:

Some over heating signs start to appear, but overall it seems we are at the equivalent of q2/q3 2017, and that there is still 3-6 months of bull market and at least a last leg up imo

SOURCES:
stats.buybitcoinworldwide.com
charts.woobull.com
lookintobitcoin.com/charts/
Previous thread
Part 1
$btc= 5k, March 17th 2020, post corona drop

Previous Thread
Part 2

Update at $btc=9300, July 2020

Previous thread
Part 3

Update at $btc=18k, Dec 2020

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More from @Yodaskk

Mar 16, 2023
$btc $btcusd

Wyckoff Accumulation 9 months range

FTX was the terminal shakeout and half the market out there is still waiting for a black Swan Β―\_(ツ)_/Β―

Thread

1/x Image
Wyckoff Accumulation Schematic
&
Vocabulary used
Image
Was it a Terminal shakeout ? All the parameters of a Spring / Terminal Shakeout are here.

Abrubt movement of breakage that produce a deep penetration of the levels of support and a fast recovery.
ImageImageImage
Read 8 tweets
Jan 12, 2022
$btc $btcusd

Several scenarii I can see from there, each one have valid arguments imo at this point

- 1 year accumulation range / macro Ascending triangle into continuation of bull

- Bull market is already over, thus we look for a lower high next

thread
1/x Image
$btc $btcusd
On 5D, it looks like a nice ascending triangle if we have a local bottom around 40k (with a target around 100k)

Meaning all 2021 would be in fact a huge 1 year re-accumulation.

2/x Image
$btc $btcusd

2021 being a 1 year re-accumulation also would have a valid EW count with this big running flat correction

==> a last macro wave 5 is left in the bull market

3/x Image
Read 7 tweets
Nov 20, 2021
$Ethbtc

Again...

A 2 year Wyckoff accumulation breaking out with a Livermore accumulation cylinder, and now re - accumulating into an ascending triangle / pennant on top of the Livermore.

If you don't like this chart and expect a rally to at least 0.1, IDK what to tell you Image
Read 6 tweets
May 20, 2021
$btc $btcusd #BTCUSD

T
E
R
M SHAKEOUT
I
N
A
L

(1/X) Image
large penetration of support line
sudden increase in volume

Candle that penetrates the zone of liquidity and that returns practically the totality of the move in 1or2 candles

Terminal shakeouts is used to define movements with much deeper penetration and with higher volume

2/X Image
If after the breakout of the lower part of the structure,price fails to stay below(we are currently here)and re-enters the range again,it denotes strong puchase entry and adds greater probability that the breakage is false and that the Spring /terminal shakeout is developping
3/x Image
Read 13 tweets
May 17, 2021
$btc $btcusd #btc

Update 3 :
of version of the Options Expiry/ Max Pain chart Image
$btc $btcusd #btc

Update 4 : keklmao
of version of the Options Expiry/ Max Pain chart Image
Open Interest for options heavily in favor of 80k-200k for $btc by December Image
Read 9 tweets
Mar 16, 2021
Options thread
$btc $btcusd
Big expiry March 29th

We've seen past months that those expiry are starting to have a bigger and bigger impact as Options OI is growing fast
(i would love to have historical data for Max pain for each expiries, tbh)
For the past months, we can see than continuation up for $btc is kinda waiting for options expiry

Read 6 tweets

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