Christian_Investment_Analysis

Bitcoin's coded "bubble" cycle? #Cryptonomics

做多
COINBASE:BTCUSD   比特币
Bitcoin roared out of the bear market (and the accumulation phase) going from 3K to 9K! It blew through the strong support turned strong resistance at $6,000 - $6500 (the pre-capitulation level) and set a 2019 high of $9096 showing the sidelined demand with fear of missing out. This strong movement correlates with Bitcoin's previous Cryptonomics cycle price action, especially moving from the accumulation phase into the expansion phase and back into the final phase before the bull market; the re-accumulation phase. Characteristic of the expansion phase, key MA's crossover, bullish signs are everywhere, and price performance confirms the accuracy of the indicators, BUT there is still time until the miners begin to price in the coming halving (50% reduction to miner rewards). Historically, miners begin to account for the coded adjustment 180 days (6 months) from the day of the halving. In free market, price is an expression of supply & demand. During the expansionary phase, DEMAND is the highest weighted variable and therefore has the strongest influence as the price driver. However, in the 180 day window miners will begin to raise the premium on their Bitcoin in order for Bitcoin to be valued at a spot price in 6 months that will remain profitable. At this point (180 days-to-halving NOV 24 2019) SUPPLY becomes the highest weighted variable and therefore the key influencer of price. Demand can continue to increase and boost the effects of the supply shock. Bitcoin never breaks its previous cryptonomics cycle high (2nd Cycle High - 20K) before the halving. Historically, there is a "sell the news" selloff post-halving. This will be your last opportunity to buy discount coins before Bitcoin bounces and breaks it previous all-time high. Projected BTC peak of 3rd Cryptonomics cycle: $90,000 - $140,000 (Or 10x the halving day May 22,2020 value). Learn more and see more charts and stats in the Special Report: Cryptonomics

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。