Bitcoin's Coded Economic Cycle...Trust the Code, Not the Banks!
Updated
In 2018 CIA asked, What is the cause of "Bitcoin bubbles?"
Were these speculative bubbles like the o so popular tulip bubble!? NO! Tulips never came back to set new all-time highs...
After years of mining, networking, gathering data, and analyzing that data CIA can confidently answer the proposed question.
The cause of "Bitcoin bubbles" is not speculative. Speculation is a result of aggressive supply shock price action and typically does not even take place until after the halving.
Referencing the Wall Street Cheat Sheet - Psychology of a Market Cycle, speculation kicks in between the points of Optimism & Euphoria which is halfway through the bull cycle.
The non-speculators (HODLers) who were able to dollar cost average through the accumulation, expansion, and re-accumulation phases reap the real rewards.
This data produces actionable intelligence based on projections which heavily weigh historical performance and data. Only time will tell...
Learn more in the CIA Special Report: CRYPTONOMICS
Were these speculative bubbles like the o so popular tulip bubble!? NO! Tulips never came back to set new all-time highs...
After years of mining, networking, gathering data, and analyzing that data CIA can confidently answer the proposed question.
The cause of "Bitcoin bubbles" is not speculative. Speculation is a result of aggressive supply shock price action and typically does not even take place until after the halving.
Referencing the Wall Street Cheat Sheet - Psychology of a Market Cycle, speculation kicks in between the points of Optimism & Euphoria which is halfway through the bull cycle.
The non-speculators (HODLers) who were able to dollar cost average through the accumulation, expansion, and re-accumulation phases reap the real rewards.
This data produces actionable intelligence based on projections which heavily weigh historical performance and data. Only time will tell...
Learn more in the CIA Special Report: CRYPTONOMICS
Note
Looking good thus far!One projection we got wrong was the top of the Expansion Phase. We projected a 9K top and it ended up running up to 14K. We think that shows the demand sitting on the sidelines waiting to play when Bitcoin runs. That entire run up was a payday for miners and was later invalidated as price broke down to test the pre-capitulation support.
The bottom of the re-accumulation phase came in at $6426, that was $26 dollars above our projected support area.
We projected a pre-halving run up price between 9K and
14K back in Feb 2019 in the free Special Report: Cryptonomics available @ ciadc.co/special-reportsToday we are right on pace to reach that target. Happy Trading!
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