Are the BTC cycles revealed?
In this weekly BTC chart we have a look at the history of BTC since 2012 from a large scale using a custom indicator that was designed to calculate price change over time that does not repaint.
Market tops are highlighted with red vertical lines based on the bottom indicator showing cross over the light brown line over the dark brown.
Market bottoms or start of accumulation are highlighted with green vertical lines based on the bottom indicator dark brown line cross under zero.
Start of bull market are highlighted with yellow vertical lines based on the bottom indicator dark brown crossing over zero.
Again the bottom indicator is designed to not repaint using only calculations based on previous bars.
With the latest start of the new quarter we can now see the dark brown line has cross over zero. Let the bull market begin.
I welcome your thoughts.
In this weekly BTC chart we have a look at the history of BTC since 2012 from a large scale using a custom indicator that was designed to calculate price change over time that does not repaint.
Market tops are highlighted with red vertical lines based on the bottom indicator showing cross over the light brown line over the dark brown.
Market bottoms or start of accumulation are highlighted with green vertical lines based on the bottom indicator dark brown line cross under zero.
Start of bull market are highlighted with yellow vertical lines based on the bottom indicator dark brown crossing over zero.
Again the bottom indicator is designed to not repaint using only calculations based on previous bars.
With the latest start of the new quarter we can now see the dark brown line has cross over zero. Let the bull market begin.
I welcome your thoughts.
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A few speculations on future market top price based on the number of days in previous cycle (see above) and the log growth chart.
Example #1
If BTC Goes 110 Bars to the top of the Log Growth Channel then we could be looking at a market top of $ 625,340.
Example #2
If BTC Goes 117 Bars and reaches the top of the upper middle log curve zone then we could be looking at a market top of $ 411,059.
Example #1
If BTC Goes 110 Bars to the top of the Log Growth Channel then we could be looking at a market top of $ 625,340.
Example #2
If BTC Goes 117 Bars and reaches the top of the upper middle log curve zone then we could be looking at a market top of $ 411,059.