2012 was a boring year for Bitcoin except two weeks in August when the market pumped, dumped and continued upwards.
The key price action in 2012 takes place during the same week of August when several cycles coincide:
1. The cycle of 1335 days, which in my research is a cycle of death and rebirth. If the native doesn't die at the end of the cycle - lives another 1335 days. This cycle was discovered by Gann for stocks and this is the first time I am testing it on an asset instead of a human life. In my research on human lives, it works quite well. The natives tend to pass away within 1-2 months of the new cycle. Test it and tell me what you have discovered. There is always need for more and more testing, to be sure of significance.
2. Half way between the first and the last Solar Eclipses of 2012 coincides with the most dramatic dump in the whole year.
3. Halfway between the first and the last Lunar Eclipses of 2012 shows a new small step upwards, in the most inconspicuous way. A candle doesn't have to be big to be important. This candle looks safe and sure much more than a pumping candle which always brings tense anticipation of a dump after that.
4. Halfway between the first Solar Eclipse and the last Lunar Eclipse there is another candle which inconspicuously shows that the path ahead is safe.
This finding that the mid points between Eclipses coincide with the most important dates in the price action of the whole year, was worth the effort of calculating those half-way points and it is worth more efforts to calculate all half-way points of all Eclipse cycles in Bitcoin's life.
I am very curious to see whether other years will replicate these findings.
This chart above all taught me to pay more attention to the small candles, the whispers in a chart and to understand that they are important bricks in building the price of the asset as they are much safer and less noticeable by the liquidity seeking whales.
Similarly to those people who progress in the career not because they are outstanding but because they are less noticeable by obstructive bosses. In an event of mass redundancy they always survive because they are too hidden from the prying eyes of the top bosses.
Majority of successful career people are exactly this type of humble, quiet and geared towards self-protection and small gains rather than big gains and with the passage of time they accumulate a lot more than the big players.
The key price action in 2012 takes place during the same week of August when several cycles coincide:
1. The cycle of 1335 days, which in my research is a cycle of death and rebirth. If the native doesn't die at the end of the cycle - lives another 1335 days. This cycle was discovered by Gann for stocks and this is the first time I am testing it on an asset instead of a human life. In my research on human lives, it works quite well. The natives tend to pass away within 1-2 months of the new cycle. Test it and tell me what you have discovered. There is always need for more and more testing, to be sure of significance.
2. Half way between the first and the last Solar Eclipses of 2012 coincides with the most dramatic dump in the whole year.
3. Halfway between the first and the last Lunar Eclipses of 2012 shows a new small step upwards, in the most inconspicuous way. A candle doesn't have to be big to be important. This candle looks safe and sure much more than a pumping candle which always brings tense anticipation of a dump after that.
4. Halfway between the first Solar Eclipse and the last Lunar Eclipse there is another candle which inconspicuously shows that the path ahead is safe.
This finding that the mid points between Eclipses coincide with the most important dates in the price action of the whole year, was worth the effort of calculating those half-way points and it is worth more efforts to calculate all half-way points of all Eclipse cycles in Bitcoin's life.
I am very curious to see whether other years will replicate these findings.
This chart above all taught me to pay more attention to the small candles, the whispers in a chart and to understand that they are important bricks in building the price of the asset as they are much safer and less noticeable by the liquidity seeking whales.
Similarly to those people who progress in the career not because they are outstanding but because they are less noticeable by obstructive bosses. In an event of mass redundancy they always survive because they are too hidden from the prying eyes of the top bosses.
Majority of successful career people are exactly this type of humble, quiet and geared towards self-protection and small gains rather than big gains and with the passage of time they accumulate a lot more than the big players.