chachm3320

01:30

chachm3320

A perspective based on past market cycles. Short 1 minute video.

01:06

chachm3320

Bitcoin seems to always start off at a very steep slope, and then correct and find a slightly lower slope for the full bull run. As you can see the magic number for the last two bull runs was a 41 degree slope.

chachm3320

Just some thoughts assuming this is a symmetrical triangle. Notice the decreasing volume as the triangle continues.

chachm3320

I think some of the analysis has been wrong. The bottom is rising and the top is falling faster. More of a wedge. Notice the many points of actual precise contact on the bottom of the floor.

chachm3320 Updated 

I have been looking at many charts on BTC recently, many with parabolic curves in them. This is my best attempt to capture the long wave. It's interesting, perhaps useful.

chachm3320

Even on a straight line system, looks pretty good. Pullbacks for sure, but the trend looks nice.