Bitcoin Halving: A Comprehensive Overview and Its Impact on the Market Bitcoin halving, an event that occurs every 210,000 blocks (approximately every four years), reduces the reward for miners who validate transactions and add new blocks to the blockchain by 50%. This mechanism is designed to control inflation and maintain the finite supply of Bitcoin, which...
Sometimes you have to look at the whole picture... - S&P 500 from 1925 till today log. scale (zoom in to see more)
This post is more of documentation of the historical moment that the leading cryptocurrency Bitcoin has experienced today with the passing of Bitcoin ETF approval by the SEC. It was a long awaited event and it has finally happened. But what other major events are happening in the chart right now that also might be historical? Well for one, we can see that BTC has...
Bitcoin chart movements are exactly similar Bitcoin 2020 movements. Wait for Bitcoin to pump up to nearly 50,000 dollars ... Please express your opinion in the comment section ;)
Here we looked back at the bars pattern from 2018 to the beginning of 2021 and replicated it at April 2022 (the BLUE pattern). We can see a clear similarity in the bars' pattern from April 2022 to January 2023 which makes us believe that the price will repeat history. We are presently in a Concentration Zone where the price is predicted to BREAKOUT bearish at...
Hi Guys, JUst for the Education purpose, found one interesting pattern in history which might be very worth looking at TVC:DXY charts Lets look at this chart where i have market how DXY reversal might Play out www.tradingview.com This pattern i found which has similar or should i exact same character Watch this in Hourly TF its same pattern senario .
I wanted to take some time to recount you the tale of the U.S., from the roaring 20s until today. But I wanted to tell you this tell from the perspective of the S&P 500. And so after horrendous hours of research, I think I am ready to tell you this tale, and hopefully stay true to the S&Ps view of things. So here it goes! The Roaring 20s It all started in...
In a bull market, this blue horizontal line represents the lowest closing price between the point after all 6 MA's moved below the point of control and the point where all 6 MA's were no longer below the point of control. This pattern has happened 3 other times in bitcoins history (2011, 2012, 2020, and now in 2023) but has not happened every...
The History of Modern Humanity is flawed. A lie is a better word. Our history starts with the S&P being formed in 1870. We then have the Invention of the Telephone and the lightbulb a few years later... (What a Coincidence) We see the impossible to construct Worlds Fairs Buildings of 1883 knocked down and our history rewritten. The Market has been turned into a...
Hey everyone, We are all going through some unfortunate times with plenty to talk about. That being said, I hope everyone is safe and enjoying themselves. Needless to say, I've noticed a specific trend. When I started to look at the weekly chart, I zoomed out in an attempt to validate my current trade. When I did that, I ended up going through a rabbit hole full...
In the lead up to the 1920s, the US Federal Reserve significantly increased its balance sheet by almost nine times, starting from 700 Million Dollars in December 1916 to 6.6 Billion Dollars by January 1920. This move was presumably to fund the US's entry into the First World War, which led to an increased demand for US government debt globally and loose lending...
So far I’d say we’re leaning more towards repeating. Coming into the local resistance around the same time as the Shanghai upgrade. Will that be the catalyst to slow this rally down? Sending ETH back down to confirm the June 2022 lows as support, and play out exactly like the bear market of 2019? If so, it will be about the same time from the local top to the next...
I analyse price action of the past a lot. Finding fractals that rhyme can say a 100 times more than indicators do. The market is like human psychology, it always repeats the same. In the past 5 years of trading crypto some fractals i found played out almost 1 to 1, from now on i will publish the one's i really like compared to current BTC's price action in this...
🎯 Today marks the 13th anniversary of an iconic moment in the history of Bitcoin. It was on this day, 13 years ago, that the creator of Bitcoin, Satoshi Nakamoto, updated the Bitcoin logo by embedding the symbol '₿' within a gold coin. This logo has since become synonymous with the world's first cryptocurrency and has become an iconic symbol of the digital...
Past price action is no guarantee for future behavior. Nothing written in stone. But the fundamental development is also quite similar i guess. So could we see history repeating itself or just rhyming..?
Today we have FOMC FED announcement! This is likely going to create volatility in the market. If we measure the how long it takes for a market to reach bottom we can see that the average time after the first FED cut is 9 months. From previous post we saw that the first RAISE was in 11 May 2022. Now if the FED pauses or cuts rates will start our timing of the...
The current rollover in the market, featuring a clear double top with negative RSI divergence, is remarkably similar to the February 2020 & August-September 2008 rollovers. My opinion is that the current rollover will resolve with a large move to the downside in similar fashion to the aforementioned time periods.
The calculations use the S&P Dow Jones Indicies. "The past doesn't repeat itself but it rhymes" WHAT IS THIS IDEA It plots all Bear Markets from 1900 to present day and separating them with those who have coincided with Recessions and those who are independent of recessions Analyse the current Bear compared to previous precedents to determine the...