shubbs

Mayer Multiple Price Bands predict parabolic BLX cycle tops

Long
BNC:BLX   Bitcoin Liquid Index
4/13/11 BLX exits the bullish Mayer Multiple price bands above the 200 dma at $0.93; BLX goes parabolic until 6/8/11 $31.90 top above the top of the price bands.

3/13/12 BLX enters the bullish Mayer Multiple price bands above the 200 dma at $5.28; 2/15/13 BLX exits bullish Mayer Multiple price bands at $27.26 and goes parabolic to 4/10/13 $268.67 top above the top of the price bands.

7/10/13 BLX re-enters bullish Mayer Multiple price bands above the 200 dma at $85.60; 11/5/13 BLX exits bullish Mayer Multiple price bands at $243.95 and goes parabolic to 11/30/13 $1177.19 top at the top of the price bands.

3/27/14 BLX exits bullish Mayer Multiple price bands below the 200 dma at $475.35

10/16/15 BLX re-enters bullish Mayer Multiple price bands above the 200 dma at $267.44; 11/16/17 BLX exits bullish Mayer Multiple price bands at $7843.42 and goes parabolic to 12/17/17 $19764 top at the top of the 2nd price band.

4/29/20 BLX re-enters bullish Mayer Multiple price bands above the 200 dma at $8785.30

Enters Band Parabolic top fold number of months
3/13/12 $5.26 11/30/13 $1177.16 223 20.6
10/16/15 $267.44 12/17/17 $19764 74 26.0
4/19/20 $8785.30 12/1/22? $216,000? 24.6? 31.4?

The 2015-17 parabolic bull run was a 74 fold price move, about 1/3 of the previous 223 fold price move in 2012-13. The 2015-17 move took 26.0 months, 5.4 months more than the 20.6 month move in the 2012-13 parabolic bull run.

Will history repeat itself again? Will the next parabolic bull run be about 1/3 of the previous 74 fold price move in 2015-17 or 24.6 times the $8785.30 price band entry price into the Mayer multiple bullish price bands on 4/19/20? If so then a $216,000 BLX price is coming. When? If this cycle is 5.4 months more than the 26.0 months of the last parabolic cycle in 2015-17, then $216,000 should be coming about 12/1/22. Time will tell.







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