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pejman_zwin
Sep 11, 2021 10:49 AM

Bitcoin Analyze (Cycles)!!!πŸ”„Β 

Bitcoin / TetherUSBinance

Description

β‹…
Hi, today I decided to speak about similar cycles that can happen on Bitcoin. these cycles are verifying the way of my previous posts.

Bitcoin Analyze ( BTCUSDT ) Timeframe Daily⏰

Location🌊: about the location of Bitcoin, please read my post with the topic ''Bitcoin Analyze_Road MapπŸ—ΊοΈ(Update)!!!''.

CyclesπŸ”„: we have 4 cycles on my chart, cycles 1&3 are Ascending, cycles 2&4 are Descending.

Cycle 1:

Starting price: 29420$

Final price: 64854$

start date: 27 Jan 2021

End date: 14 Apr 2021

Cycle time: 77 days

Price growth: 35612.28$ (121.79%)

Cycle 2:

Starting price: 64854$

Final price: 29278$

start date: 14 Apr 2021

End date: 20 Jul 2021

Cycle time: 97 days

price reduction: -35576$ (-54.86%)

Cycle 3:

Starting price: 29278$

Final price: 52920$

start date: 20 Jul 2021

End date: 7 Sep 2021

Cycle time: 49 days

Price growth: 23642$ (80.75%)

Cycle 4:

Starting price: 52920$

Final price: ❓❓ $

start date: 7 Sep 2021

End date: ❓❓

Cycle time: ❓❓ days

price reduction: ❓❓ $ (❓❓ %)

🎯The aim of this post🎯: finding question marks for Cycle 4.

for finding answers, I tried to check out the times and prices for cycles :

Price growth cycle 1/Price growth cycle 3 = 35612.28$/23642$ = 1.5063

Price (percentage) growth cycle 1/Price (percentage) growth cycle 3 = 121.79%/80.75% = 1.508

Cycle time 1/Cycle time 3 = 77 days/ 49 days = 1.5714

From high ratios, we can know that numberπŸ‘‰ 1.5 πŸ‘ˆ can be a key Coefficient for Calculations required for cycle 4. I used from 1.5 for finding a final price, end date, cycle time, and price reduction of Cycle 4.

price reduction: 35576$/ 1.5 = 23717$

price reduction (percentage): -54.86%/1.5 = -36.57%

cycle time : 97 days/1.5 = 64.66 day == 65 day

final price: 33400$ until 28900$ ➑️ this zone is following my post that I published on Aug 23, topic ''Bitcoin Analyze πŸ—ΊοΈπŸ”₯(Counting Waves + Road map+ Long-term)πŸ”₯πŸ—ΊοΈ''.

end date: around 11 Nov 2021 ( probably on Nov or Dec 2021) ➑️ these dates are following my post that I published on Aug 23, topic ''Bitcoin Analyze πŸ—ΊοΈπŸ”₯(Counting Waves + Road map+ Long-term)πŸ”₯πŸ—ΊοΈ''.

also, I set fan principle on our cycles and I tried to find the degree between lines of fan principles by key Coefficient πŸ”₯1.5πŸ”₯, we can follow Bitcoin with this pattern.

The degree between line 1 & line 2 (red lines) = 17Β°

The degree between line 1 & line 2 (Blue lines) = 17Β°/1.5 = 11.33Β°== 17Β°

in addition, we have the same Downward trends line's Degree on cycles 2 & 4 on RSI πŸ‘‡


Note: if the price can break my important Downward trend line == my scenario will fail.

❗️Sign❗️: if you remember that when we were at around 36000$, Bitcoin touched 48168$ on BITCOIN / TETHERUS PERPETUAL FUTURES, and finally price arrived itself to this amount, yesterday we saw the same happens, and Bitcoin dropped down from 52000$ to 42800$, probably Bitcoin will arrive at 42850$ againπŸ‘‡


My Suggestion: you can follow my lines. probably my lines will work and help usπŸ‘πŸ˜‰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.

Please do not forget the βœ…'like'βœ… button πŸ™πŸ˜Š & Share it with your friends, Thanks, and Trade safe

Comment

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Bitcoin Analyze_Road MapπŸ—ΊοΈ(Update)!!!

Comment

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Bitcoin Analyze πŸ—ΊοΈπŸ”₯(Counting Waves + Road map+ Long-term)πŸ”₯πŸ—ΊοΈ

Comment

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my analysis is running well, will Bitcoin break our important downward trend line or NOT?

Comment

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RSI Update❗️

Even, I did not delete my line πŸ˜€πŸ˜Ž
Comments
Touche_Ole
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Love how poeple refuse to believe this can happen given the track record of this asset. As per usual, outstanding Analysis!!

P.
pejman_zwin
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@palanysamy, possible, thanks for the comment.πŸŒΉπŸ™, let's see what will happen.πŸ‘
CyrusTrader
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Nice
pejman_zwin
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@CyrusTrader, πŸ™πŸŒΉ
Moonrider88
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Played out sooner.
pejman_zwin
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@Moonrider88, normal , but running well
Satoshim_
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Perfect, Thank you πŸ‘Œ
pejman_zwin
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@Satoshim_, you are welcome πŸŒΉπŸ™
z1v6r
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perfect
pejman_zwin
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@z1v6r, πŸŒΉπŸ™
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