BTC Whale Accumulation Zones Along the Parabolic Adoption Curve
Let's take a look at the man behind the curtain, shall we?
Bitcoin has what I call the "Basic Adoption Curve" that trends with the adoption rate just like any new technology gets adopted over time. This is the MEAN.
It then has "bubbles" that are formed by market insiders (whales) creating FOMO where the price breaks above the Basic Adoption Curve and they then sell to retail traders at retail prices.
They fill their "warehouse" full of the goods (Bitcoin) at the Basic Adoption Curve, where wholesale prices are. That's the lowest price they can drive it down to. When you look at the Wall Street Cheat Sheet this is what they mean by "revert to the mean" during the "bear market."
HODLrs ignore bubbles because their strategy is about the ever-growing adoption rate, or, MEAN.
But if you are really tired of losing money on lower time frames, just be patient and wait for the RSI on the weekly chart to go into oversold territory when the prices touches the lower part of the Basic Adoption Curve and ACCUMULATE at WHOLESALE prices like the big boys do. This is their business model and you can use it too.
Peace and Love,
BI663R
Bitcoin has what I call the "Basic Adoption Curve" that trends with the adoption rate just like any new technology gets adopted over time. This is the MEAN.
It then has "bubbles" that are formed by market insiders (whales) creating FOMO where the price breaks above the Basic Adoption Curve and they then sell to retail traders at retail prices.
They fill their "warehouse" full of the goods (Bitcoin) at the Basic Adoption Curve, where wholesale prices are. That's the lowest price they can drive it down to. When you look at the Wall Street Cheat Sheet this is what they mean by "revert to the mean" during the "bear market."
HODLrs ignore bubbles because their strategy is about the ever-growing adoption rate, or, MEAN.
But if you are really tired of losing money on lower time frames, just be patient and wait for the RSI on the weekly chart to go into oversold territory when the prices touches the lower part of the Basic Adoption Curve and ACCUMULATE at WHOLESALE prices like the big boys do. This is their business model and you can use it too.
Peace and Love,
BI663R
Comment:
427 views and 4 thumbs up? WTH guys!
Comment:
Happy Valentine's Day! Since publishing this chart in Oct 2019 the price came down into the accumulation zone and has since bounced back from 6500 to over 10K. I caught the bottom and doubled my coin in two months thanks to this chart.
"You didn't come here to make a choice, you've already made it. You're here to try to understand why you made it."
―The Oracle
―The Oracle
