what i have displayed on my chart are solstices \ equinoxes.
i've went through btc's history, and i have found that the mid-summer solstice has historically marked some kind of bottom in the cryptocurrency markets.
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circled the last few times it took place.
here's some more:
to conclude, there has been 10 mid-summer solstices since 2011
of the 10, 8 marked a bottom.
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now this does not mean that btc cannot go lower, i'm simply stating that based on the historical data, the odds are high that we have, or are in the process of forming a major bottom.
i've went through btc's history, and i have found that the mid-summer solstice has historically marked some kind of bottom in the cryptocurrency markets.
----
circled the last few times it took place.
here's some more:
to conclude, there has been 10 mid-summer solstices since 2011
of the 10, 8 marked a bottom.
----
now this does not mean that btc cannot go lower, i'm simply stating that based on the historical data, the odds are high that we have, or are in the process of forming a major bottom.
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i only share a tiny fragment of my ideas on this platform. to view my daily work, join the lunar syndicate 9 👇
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.