BK_Niels1

BTCUSD: The Genesis Experiment

Short
BK_Niels1 Updated   
BITSTAMP:BTCUSD   Bitcoin
Can we use what we know about Genesis to predict the future outcome of BTCUSD or its trend? Well, that depends if the genesis block is significant to BTCUSD. This idea is an experiment to check for such. So no trading advice, only a sidelined observation based on ancient mathematics.
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First sign of genesis we can look for around christmas, if price is driven down to where teh arrow is
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First blood... 30th or so.
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I checked pivots more carefully, 26/27 should be the high of MY cycle. If not.. Well, then I have to redo the calculations. 31st is where I am looking for the first low. And we can maybe get a feel for the trendline forming.
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Sentiment is now that BTCUSD is something different from XRP who has tanked already. XRP follows a different cycle than BTCUSD, but is subject to the same forces. So watching over at XRP gives indication that we're on right track.
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