EXCAVO

Bitcoin cycles + logistic curve = New bull run 2023-2025

Long
EXCAVO Updated   
BITSTAMP:BTCUSD   Bitcoin
I want to take a closer look at Bitcoin's price weekly logarithmic chart.

Firstly, the chart examines growth and fall cycles, sometimes referred to as economic cycles or trade cycles. As you can see in my analysis, the growth cycle usually lasts approximately 150 weeks and is always longer than the fall cycle that spans out over the course of approximately 51-60 weeks.

150 bars on Bitcoin's weekly price chart, mark the beginning of the next pulse of the growth cycle that we are currently in. Everything in our life is based on cyclical patterns, especially when it comes to financial markets.

If we analyze the rise and fall, we can conclude that the fall occurs faster than the growth of about three times.



About logistic curve
The logistic curve describes the speed of information dissemination among people. This graph describes the distribution of information in an environment.
At first, an instrument is of little interest to anyone, investors are afraid of buying it, and its price fluctuates around r °. At this time, the initiated ("elite"), solely owning important information, begin to buy it, and the price slightly grows. Then the information is shared with a small circle of insiders, individual purchases grow into active buying, and the price of the instrument abruptly takes off. The general public is perplexed and can not understand what is the reason. In the third stage, news comes out and investors fearing not having time to "jump into the last car" buy up this tool that the "elite" and "proxies" are happy to sell to them at the maximum price (with joy, because at that time the "elite" there is already new information that the "elite" has taken into account, a new logistic curve in another instrument begins, or in the same, but with another sign, sales begin). The third stage is completed, when the whole society is aware of what happened, discuss everywhere, in the metro, all who could have already made There is no one to sell.


The only thing that changes is the slope of the logistic curve - the information dissemination rate

As a rule, 90% of bulls in high. And then the market unfolds and vice versa
If you are constantly being told the same thing, then everybody knows it already. It is necessary to look not at the news
If everyone around you screams the same thing, then you are in the upper zone
The task of stepping back from the noise (this time it's useless overpriced NFT pictures)


"WE WILL BE GOLD BEFORE THE PORN, WHILE GOLDEN IDEOLOGISTS WILL EXIST" Rothschild's

"The same situation with cryptocurrencies, but this is only the beginning" Mr.EXCAVO

Best regards EXCAVO
Comment:
Break down the support line and tested it
we are in buy zone buy I waiting for lower price in november
Comment:
The next 2 weeks will be on fire
Zoom
Comment:
the bottom should be within a week
Comment:
2 weeks in the green zone
Comment:
its working
Comment:
one more legendary chart

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