Here i present an updated version of what was a very popular chart shared back in May of 2017, highlighting the market cycles bitcoin goes through, and how I thought we would see a $c.20k top on the current run before a significant reversion. Please check this out in the attached.
I use that chart as my framework for BTC and this represents an update to that...
I thought it was time to make a longterm chart, with all these wrong charts going around, hehe.
They are wrong because bitcoins support and resistance lines are NOT linear in the logarithmic chart.
I think that the correct fit is a square root function in the logarithmic chart, meaning that the growth is slowing down on long timescales. BTC cannot just continue...
Hi
Some sick stuff is going on here....
Playing with timing of BTC up/down the past few years, it looks suspiciously rythmic.
I added 2 sine lines, one half the length of the other one. When they have crossed, they have timed perfectly both sell signals and buy signals - over a 8 year period.
This is pretty strange to me.
Also the Moving averages cross timing...
Due to the price difference on exchanges, a lot of the attention lately is being drawn away from what matters most. Is the worst over for BTC? Has the new bull cycle started?
With this as motive, I thought it would be productive to accumulate the strongest long term bullish indicators on Bitcoin. And I have come up with a combination that has never failed on its...
At the very beginning of 2018 we began covering Bitcoin price analysis on our YouTube channel. My approach to accumulation is Dollar Cost Averaging ( DCA ). I am a very big believer in the mental aspect of accumulation. This means that if I am utilizing DCA because I am extremely long on Bitcoin , I would like to DCA when the price is down - at least for short...
Good Morning / Afternoon / Evening,
As you can see from the percentage drops Bitcoin has faced in 2018 compared to 2014, it has mirrored it identically. Even the fractals are the same. However, there are many who believe the fractals are not the same, and that we still have another plunge to make to new lows.
But, that is not the case. And you can tell this from...
Hey guys FaZe_B1tC0inGoDx here with another Bitcoin let's play, so what we're gonna do is fall until we hit the nest of weekly closes at 3k-2.5k, then woah Bakkt launched and we're back at 6k (its just like coinbase lunar rally???). After that idk, but halving is in 548 days. In case of global recession, break chart.
The left bar pattern is the first bitcoin...
Alt market capitalisation divided by the Bitcoin market price to exclude Bitcoin price distortions.
Quite often alts and Bitcoin are strongly coupled. Here the altoin market cap is divided by the Bitcoin price to remove any such coupling from the trend.
Hi, monthly $BLX chart is close to showing a hidden bull divergence (higher low price, lower low oscillator) which suggests bullish continuation after a drop in price. However, this holds until down to the 2015 lows. Eventhough it's bouncing right now, I'm not entirely convinced this is the bottom of the bear market that started in 2018.
Long term, I'm still...
Bitcoin Network Momentum (BNM) and Halving Cycle Projections
Intro
To do your own analysis/follow along, the script is in public library and can be found here. Briefly - BNM is a view created by PositiveCrypto which looks into the value transmitted through the Bitcoin blockchain denominated in BTC value plotted against Bitcoin's price. It serves as a leading...
This prediction made possible by transposing a similar pattern from the previous bear market. Assumptions that 1.) the bottom is not in yet at $3,200 and 2.) The next ATH will be at the end of 2021 when everyone is talking about Bitcoin at the holiday family gatherings like in 2017. If the forking of Bitcoin Cash to BSV caused the price of Bitcoin to go fro...
10 year Bull pushed up in three waves with even trough retrace its now time to correct and connect to D in the 1a 2b 3cd. Target E is 409.... Gox coins are coming :D...idea to choke the supply and raise prise then stop trading and force a discount MMD...just for the Gox...Bear market is soon... because our retraces were very long doesn't constitute for a bear...
Hey, when using Fib Retracement levels in log chart, their value is calculated according to linear price value, not according to position in a chart, but i found that if u use Fir Channel levels are drawn based on distance between given points.
So to draw long term Fib retracement in a log chart we can use Fib Channel and draw it horizontally.
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
