Q4 effects on Bitcoin
Updated
TIME BASED LONG TERM BITCOIN SPECULATION
First of all,
This analysis is not about to tell you that the bottom is in or not, this is a fun theory which has no confirmation for the future.
As i see every time Bitcoin enters the November zone, it starts to make a bigger move.
In this analytics maybe not the november month is what matters, it can be analysed by quarters or yearly periods too, but i chose the november zone.
2014 november: (A)
-top of the bull market
2015 (little bit after) november: (B)
-bottom of the bear market
2016 november: (C)
-breakout and retest to the fibonacci zones then rally
2017 (little bit after) november: (A)
-Top of the bull market
2018 (little bit after) november: (B)
-bottom of the bear market
2019 november: (C)
-breakout and retest to the fibonacci zones then rally
2021 november: (A)
-Top of the bull market
2022 november: (B)
-Bottom of the bull market?
We can also identify a gap between C and A period because the rally doesn't end in the next november cycle.
This analytics does not say that the bottom is in, but it can be already in or days/weeks away from the current price.
The structure has to be analysed by self, and this chart could give us a clue where should we see the price a year after.
The price should be in the 30k region to see a retest or a breakout from the zone.
in 2024 we should see 30k usd / BTC, but we don't know that if we will have a rally before it.
Hope i gave you something interesting.
Thanks for reading and have a nice trading carrier:)
(Always bullish on BTC)
First of all,
This analysis is not about to tell you that the bottom is in or not, this is a fun theory which has no confirmation for the future.
As i see every time Bitcoin enters the November zone, it starts to make a bigger move.
In this analytics maybe not the november month is what matters, it can be analysed by quarters or yearly periods too, but i chose the november zone.
2014 november: (A)
-top of the bull market
2015 (little bit after) november: (B)
-bottom of the bear market
2016 november: (C)
-breakout and retest to the fibonacci zones then rally
2017 (little bit after) november: (A)
-Top of the bull market
2018 (little bit after) november: (B)
-bottom of the bear market
2019 november: (C)
-breakout and retest to the fibonacci zones then rally
2021 november: (A)
-Top of the bull market
2022 november: (B)
-Bottom of the bull market?
We can also identify a gap between C and A period because the rally doesn't end in the next november cycle.
This analytics does not say that the bottom is in, but it can be already in or days/weeks away from the current price.
The structure has to be analysed by self, and this chart could give us a clue where should we see the price a year after.
The price should be in the 30k region to see a retest or a breakout from the zone.
in 2024 we should see 30k usd / BTC, but we don't know that if we will have a rally before it.
Hope i gave you something interesting.
Thanks for reading and have a nice trading carrier:)
(Always bullish on BTC)
Note
i just copied and pasted the "top before mid november" texti know it is not correct in the previous cycle
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I added fibonacci time zones because of the time based speculation and every time it hits the price it makes a reversal.could the bottom in?
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