Biz is dead, no one responded in the thread I posted in

[Anonymous No.51564049]

Alright bros, I have been looking at the DXY, I would like you to compare between the range of roughly 1986 - 2001 and then compare from 2001 until now. If you look at the pattern and realise the only difference is a stretched out upward pattern around the 1998 point and the 2016 - 2021 point you will see its pretty much the same pattern, meaning that we are probably around May 2000 at the moment, and we will hit roughly 120 on the DXY and will push sideways there for 2 years before we have the mother the mother of all crashes on the DXY and therefore a massive run for BTC, I'm talking biblical in price increase. Look at all 3 pictures I just posted, and then go back to the top to make your final comparison.
Let me know what you think, am I schizo or is this possible?

[Anonymous No.51564071]

>>51564049
>biz is dead
and that's a good thing. also i have no idea what your point is

[Anonymous No.51564083]

>>51564049
Your time frame is wrong. DXY will crash sooner. Pay closer attention to the fib, people have gotten lazy and that's really all that matters anymore

[Anonymous No.51564100]

Hello fren

[Anonymous No.51564102]

>>51564071
>also i have no idea what your point is
well if the pattern continues, we top out at 120, it pushes sideways til 2024 then it fucking plummets like no tomorrow which will cause everything else to fucking propel, for example BTC usually has pumped everytime the DXY has gone down since 2017, imagine if it was a 2002 level dump

[Anonymous No.51564113]

>>51564049
Lot of red IDs here.

[Anonymous No.51564125]

>>51564083
I've never been good at analysing fib, to be honest I am just spit balling here would really love input.
>>51564100
Hello fren, hope you are well

[Anonymous No.51564221]

We are in a bear market, wait if the Spx500 breaks down 2021 lows. Don't buy anything, save your money, buy gold and silver. Start a business or something, generate cash flow

[Anonymous No.51564255]

>>51564125
You already got Trading view. I'm lazy too and I'm on my phone. Switch to weekly and use the auto trace feature to draw fib. Then repeat for daily. You'll see what I'm talking about.

[Anonymous No.51564258]

>>51564102
I can see that happening as long as we keep raising rates and other countries keep pussying out

[Anonymous No.51564374]

>>51564255
Checked, I see what you are saying now. Didn't know that was an indicator. Much appreciated, I have never used these indicators much but it's good to mess around with.

[Anonymous No.51564405]

>>51564049
DXY is already at the top of the channel it's been trading in since 2008. It will either correct or launch into a new channel and go higher. The latter is not unlikely since all the other post-2008 patterns have been breaking down.

[Anonymous No.51564423]

>>51564049
You can't look at things to be identical, consider this dump a different beast. Although you have the right idea in thinking this will be a 2000 style mega dump, it does have similar characteristics and finance big wigs sure do love patterns.

[Anonymous No.51564502]

>>51564374
You could have predicted the S&P 500, DXY and BTC with a large degree of accuracy using nothing but the FIB within the last 4 years on the weekly and daily charts. Honestly all other patterns are susceptible to failure if a large amount of traders aren't watching it and are mostly geared towards literal day traders which honestly, most of us I presume are not. I'd Honestly just pay attention to FIB in conjunction with RSI and make monthly/weekly trades on high volume stocks/coins. It's not exciting or fast paced but it seems to work alright. Just get used to the idea of breaking fib, then coming back to confirm, then only buying after confirmation on support. I've waited weeks to execute a buy before.

[Anonymous No.51564507]

>>51564071
the dead of 2018 bear market was around 8k ppd now its around 15k so given the market is around 9x times larger now than it was in the dead of 2018 (total mc dropped to around 100b) we are actually in a more bearish situation in terms of people posting than the previous cycle. i think this means the bottom must be in now and if it isnt, will be in soon and we wont hang there for long

[Anonymous No.51564582]

>>51564502
Using the fib then, do you see BTC going much lower, if I have done it correctly corresponding with the RSI (bullish div) I see it going to 17.5k but not much further.

[Anonymous No.51564602]

>>51564083
>pay closer attention to the fib
you mean the one at 117?

[Anonymous No.51564611]

>>51564049
yeah, 2-3 years until the next btc run is what im seeing. issue is, the dxy could absolutely clear the 1980s highs before then.

[Anonymous No.51564639]

>>51564602
>your time frame is wrong

[Anonymous No.51564655]

We already figured this out.

Also, 90% of the posters here at turd world shitters that only have $2,000 in capital.

[Anonymous No.51565674]

>>51564655
Checked. What is M2SL.
t. 12 year old with a credit card

[Anonymous No.51565741]

>>51564049
>Biz is dead, no one responded in the thread I posted in
your post was shit

[Anonymous No.51565781]

>>51564221
literally everything is dying, now it takes me hours to find even something decent in fucking dextools

[Anonymous No.51566801]

>>51564582
Using the FIB the bottom is in. And if it goes lower than 17.5k then the whole market is in free fall

[Anonymous No.51568908]

fib is peak astrology

[Anonymous No.51569082]

>>51564049
You didn't post the btc chart dumbass. How am I supposed to compare it?

[Anonymous No.51569180]

>>51564582
post fib chart please fren

[Anonymous No.51569263]

1986 required the plaza accord and coordinated selling of dollars by the major economies to bring down the dollar. this time around all the major economies dont trust each other and america doesnt trust the chinese and the euros

[Anonymous No.51569968]

>>51564049
Interesting chart. Thanks OP.