user100000
Long

BTCUSD even longer term cycle

BITSTAMP:BTCUSD   Bitcoin / Dollar
Extrapolating from previous cycles I show an even longer cycle of 84.5 weeks. Please note when several cycles combine at the same point in time the severity of the crash increases.
Looks like a four-year old drew all over a chart. Where are your demand zones? DO PEOPLE JUST MAKE UP TECHNICAL ANALYSIS ON THIS SITE? COME ON! THIS IS RIDICULOUS. Look at previous demand. That's the only indicator you have. GO to Online Trading Academy if you really want to try to understand charts.
-2 Reply
user100000 niconaylor
are you blind? this is a cycle analysis
-1 Reply
the_batman user100000
so...you don't think support and resistance is primary in cyclic analysis?
-2 Reply
niconaylor PRO user100000
You are making shit up. Stop misleading people. We're all bullish on bitcoin but your analysis is bullshit.
Reply
oaksacorn niconaylor
????
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Varah nice...
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anyone know if it's possible to load the mtgox data? i would like to see if my cycle stuff is relevant
-1 Reply
You can find a 'Merged Mt. Gox and Bitstamp Historic Data Indicator' here: https://www.tradingview.com/u/munkeefonix/

Hope it helps.
Reply
user100000 lunartune23
That was super helpful. Thank you!
-1 Reply
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