Looking at the past doesn't guarantee certainty for the future, but it can give us a good idea of what might happen. Looking into the price action of the last 8 years of Bitcoin's history, we can see that the performance is not that great. The price action in September has been either sideways, or sideways with some downwards momentum. Comparing the historical...
- Instead of using the halving date as an indicator for the start of the cycle. I took the first time BTC starting breaking its previous all-time high. - By this measure, we were at a similar point in 2017 to where we are now . Boring consolidation after a massive collapse of around 40%. - In 2017, after the 200th day the price of BTC rose by almost 1600% in...
If 2021 is to repeat the 2013 cycle: BTC lost 80% of its value and the dip lasted 12 weeks before it started going up. And from there it went to ATH. That said; I feel now pissed! LOL
Have you freaked out already? BTC got rejected by 2019 small bull run high. Fractal of the 2017 bull market would also be rejected by the trend line we just bounced off of. To get the ATH of BTC/M1 BTCUSD would have to go to around 100k. We could have already bottomed, or soon will. Manage your risk. Take profits when everyone is greedy, to be able to re-fuel in...
To date, Bitcoin has followed a repeating cyclic pattern that appears to be directly driven by the mining rate Halvenings. It is useful to take a hard look at what previous cycles were like, in order to capitalize on the bull market happening today. An enormous amount of profit stands to be made by the investor who succeeds in selling a significant share of his...
11/13/2020 Earliest bottom using only historical, cyclical data
Dips bought + higher lows? I bet 20k is broken for the last time by the end of this January.
Hi Yesterday i posted the 1st of many planned video's to come. The first video covered BTC at a high level, which encompassed the life cycle of Bitcoin and the many phases that make it up, which is based on my perception and what I see from the historical data. This video is to continue off from where I left yesterday to cover some other components I have...
Hi, Yesterday, I attempted to present a overall assessment of BTC in the single video, which turned out to be bad for a number of reasons, most of all, the voice recording, it was terrible. So I decided to break this presentation into a series of posts, each covering BTC from a specific point of view and level in terms of TA. This video post covers BTC from a...
My longterm BTC plan: long cycle - short cycle - long cycle - short cycle - long cycle Let's HODL and see
BTC will make a decisive move around April 23/25th. It will either go up and break out at the end of this triangle or go down to form a new bottom in the 4000 area. I believe BTC is already in an uptrend channel and consolidating right now to built an important resistance level and than confirm upside direction around 25/26th April. I don't anticipate a mega...