You should know my name, but if not it Tyler aka Chico aka, the most based youtuber, who covers cryptocurrency today, Im excited to bring that hopium for Bitcoin, because we are doing an episode of TA, not technical analysis but Tyler analysisso. Are you ready? You also should know our drillbecause its time for Chico Crypto Technical Analysis.for, most people, especially youtubers in the space.. This consists of drawing a ton of lines on the screen, which fits the narrative they are trying to portray.. There are so many different indicators out there that, eventually, you will find a line that fits your narrative., Which can only consist of three things.. The price will pump, the price will dump or the price is going to bounce around and go sideways. Now Im, not necessarily hating. On technical analysts. There are some good ones out there, But you should really have a wholesome view of the crypto markets.. Have a technical person you follow, have a fundamental person. You follow and have a Tyler person you follow because Tyler Analysisis some of the best in the game. So what exactly is Tyler Analysis? Well, Bitcoin is based on cycles due to something called the halving where the supply of Bitcoin emitted to miners is cut. In half every 4 years. We have had 3 havlings every 4 years since bitcoin has been created so far. From 50 BTC per block to 25. To 12.5 to as of today, just 6.25 BTC per block.

, The scarcity of Bitcoin becomes very apparent due to this supply, cut and shock to the market that kicks off a price discovery cycle., so Bitcoin cycles, usually last around 4 years.3 supply cuts equals three 4 year. Cycles. 2 of those have already happened, and we are currently in the midst of our third one Under halfway there with an estimated 947 days until we reach the next halving around May 9th of 2024.. Now each of these cycles have been different, not exactly the same, but all share similaritiesbut. This cycle is sharing similarities most like the 2013 cycle. The biggest similarity is in the last year of the cycle. There was a mid cycle. Crash.A BIG ole freaking bear trap., Which happened around the same time of year.. Pulling out that cycles chart. We can see that Bitcoin had a big run up. Just around 13 dollars at the beginning of 2013which, ran up to 230 dollars by April 9th 2013.. Then that BEAR trap smacked the hopium right down to the ground. Btc crashed to around 66 bucks near 3 months later in early July., The 6th to be exact.. This was a crash and price drawdown of just over 71 percent Nowlets. Just take a look at what happened this year, Bitcoin started the year just under 20k and ran up to 64k.by.wait for it. April 13th, 2021just, 4 days away from the peak in 2013 April 9th. And then like clockwork. The big ole bear trapped, smacke our hopium down.

Once again. BTC crashed from 64k down to a low of 29800. A crash and burn of just over 53 percent. When did this low happen? July 20th, 2021, just 14 days away from the low in 2013, which was on July 6th.? How convenient are those dates and the drawdowns are pretty closebut. Some of you may be sayingbut Tyler. That is still 18 percent. Away. 2013 crashed by 71 percent.. Well, you need to realize that, as time goes, onbitcoin gets less volatile.. The time in between these 2 cycles, 2013 to 2021 is 8 years. Bitcoin isnt going to pump as much which is seen from the starting point in the Januarys to the April, highs. 2013 BTC went from 13 dollar to 130. In between that time., A 17.6xand, then 2021 BTC went from about 20k to 64kjust a 3.2x. Thus a smaller crash into the last year of this cycles go aroundjust, makes friggin telling sense.. You know what else Im friggin telling you We are about to go on another runa, parabolic one., Because the more things changethe more they stay, the sameExpanding out the 2013 chart. We can see the price pushed up from that July. 66 dollar, low and into early september peaked near 130 dollars a pump of nearly 97 percent..but. Then, by the end of the month there was a BIG event that happened that dropped it under 100 dollarsa crash of 23 percent. What was the reason for the crash? There was a FUDstorm that hit the markets.

The Silk Roadthe online marketplace for buying droogas got seized by US government officials and officially went down.. The markets panicked as many believed. That was the sole use case for Bitcoin and it had been nixed outbut. Everyone knows now, and they knew back then that isnt, the sole use case Now pulling out this cycle like clockwork Bitcoin bounced from the July low of 29800 to an early September peak once again of about 51800., A pump of nearly 74 percent.. But the bearish September took over and by the end, a BIG crash once again, which took the price down to about 40000.. A crash of about 22 percentwhich once again took place at the end of the month.. Although this time, the crash was caused by China coming in and banning Bitcoin, once again.another FUD storm, just wrapped up in different paper. Link 2 China Bans Bitcoin mining again And once again the fact that volatility is constricting, showed its facethe pump and dump in 2013 was More than this cycle in 2021. Pump of 97 percent 2013. Pump of 74 percent in 2021. FUD Dump of 23 percent in 2013. FUD Dump of 21 percent in 2021.. Now lets just jump back to 2013, expand out that Bitcoin chart furtherto the end October. What do you think happened, Parabolic RUN and that silk road dump was left right behind. By the end of the spooky month, Bitcoin pushed back to 200 dollars from the 100 dollar low.

A 100 percent gain. 1xing in just a month.. Now, Im sure you have heard of PLANB the creator of the S2F model for Bitcoin, which has been scarily accurate regarding the price. Well Mr. B tweeted his s2f model and some monthly price predictions in June of this yearHe was correct. With August 47k call, he was damn close with his September 43k callwell. His October prediction is calling for bitcoin to hit 63k. What would be the percentage increase from the September low if that happened.? Well, we hit around 40000 in late September. To 63k. That would be a pump of 57.5 percent. Sounds reasonable to me, especially since the pump in 2013 was 100 percent. Besides this year, Im sure most of you have heard the news that October is usually very bullish for Bitcoin. That is true as out of the 8 years since 2013, BTC has been green 6 of those, and already this year we are starting out green. But if we took the averages of those 8 years 2020 to 2013, it would be an average gain in October of 22.3 percent. If we followed this Bitcoin would only reach 49000 by the end of the month. Although this year is specialit can only be compared to 2 other years., 2013 and 2017and. If we took the average of just those 2 months, the percentage gain in October would be 54.3 percent, Putting us right near 63k Plan Bs prediction… Now there are other indicators too.

More technical and not cyclical ones, that point to 2013 being just like this year, 2021., There is an indicator called the pi cycle, top indicator, which is pretty dang spot on calling Bitcoin tops. The indicator uses a 111 day moving average and a 2x multiple of the 350 day moving average to predict market tops. When the 111 day moving average orange crosses above the 2350 day, moving average green, its a signal that the top is in. And, as we can see throughout bitcoins history.its, been very reliable at calling the tops or being extremely Near. Now zooming into 2013. We can see when the bear crash happened in April the indicator flashed.. It was wrong for that cyclethat wasnt, the top.. It came at the end of the year when the indicator flashed again Pulling out this year. We hit the Pi Cycle indicator during the April, Bear Crashand the 111 Day MA has fallen under, but, as we can see as of the last month, it has been trending back towards the green, the 2x 350 Day MAwhich signals, another top might just be coming Now. Switching gears, I have something very special for the Chico Army, The launch of an NFT series by Blockchain Leaks, NFT contributor, Full Metal Magdalene, who is the artist for the first NFT shirt, which will coincide with BCLeaks launch happening soon. The NFT series is called Crypto Sloots them slootsand, Full Metal is giving away 111 of the NFTs to those that help her out and grow.

Her presence – And I have the first leak of what these crypto sloot NFTs – will look. Likeall the popular cryptos on the tongue of some sloots in pill form To qualify. People will need to 1 likeshare and comment Hashtag ChicoArmy on the contests promo post on the Crypto Sluts Twitter Itll be the pinned post. There, 2 follow CryptoSlutsNFT and FullM3talMag on Twitter And 3 join the Crypto Slootts Telegram, which is at t.mecryptoslutsnft. The winners will be selected on October 15th, when the collection drops.. She will choose them using a randomizer and record the process. After they are selected, she will check and make sure they meet all of the qualifications and then will DM the winners for their wallet address. To send the NFT, to. And all links for the qualifications are below Who doesnt like a good sloot. I know I do.

https://www.youtube.com/watch?v=0NC1_hTxkqY