$BTC market cycle - does history repeat?

Bitcoin Liquid IndexBrave New Coin

Description

⋅ Dec 8, 2019 6:11 PM

If we believe in market cycles my current model is expecting an extensive period of consolidation/accumulation in front of us.

RANGE: $6.900 - $9.600

If price drops lower than the $5.600 level on the way to 2020 halving - #BTC is either under heaviest manipulation or more likely is gonna die.

Comment

⋅ Feb 21, 2020 1:39 AM

Still on track. Expecting some further pullback to 8.250$-7.700$ though, before we increase the thrust to exceed the threshold (@ ~14.000$) ..

Comments

oaksacorn

⋅ Dec 8, 2019 7:55 PM

evidently not otherwise your sencond blue box would be a bit taller with a wait of 10 bars instead of 20 :-) he he...

BuckarooBanzaii

⋅ Feb 21, 2020 1:21 AM

@oaksacorn, not necessaryly.

I believe there are certain patterns which repeat themselves, which underly certain principles. But some parameters of each cycle differ from one another. Otherwise there would be just infinite linear development...