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The November 28th Cycles Theory for Bitcoin

BNC:BLX   Bitcoin Liquid Index
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The Theory begins on the day of the first halving, Nov 28th, 2012.

Cycles form between the dates of Nov 28th, and other valuable pieces of information:

Tops: come +/- 21 days from Nov 28th end of Red Year (red dot)

Bottoms: come +/- 21 days from Nov 28th end of Orange Year. (green dot)

1. Red Year (New ATH): New ATHs are made in the year, cycle top forms at the end of the year.

2. Orange Year (Bear Market): Price cools down from its overvaluation and becomes undervalued at a new market bottom.

3. Green Year (Accumulation): The best buying prices of the cycle take place. Price moves towards the median price (half of the previous ATH).

4. Blue Year (Preparation): Price establishes time around the median and makes an advance towards new ATHs at the end of the year.

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