First Ever TD 13 Count on Weekly
Provided BTC doesn't close over $43,000 this week, the first ever TD Sequential 13 buy count in Bitcoin history on the weekly chart will print.
There have been 7 weekly 13 sell counts since 2011. Many of these occurred mid way through parabolic moves upward.
The closest there has been to a 13 buy count are as follows:
Since there isn't any historical data to compare to in regards to a 13 buy count on a weekly basis, we will have to strap ourselves in and see what happens.
There have been 7 weekly 13 sell counts since 2011. Many of these occurred mid way through parabolic moves upward.
- 7 January 2013 - $13
- 7 October 2013 - $131
- 6 June 2016 - $665
- 6 March 2017 - 1.2k
- 30 October 2017 - 7.3kmid way through parabolic run
- 27 July 2020 - 11kstart of post-COVID dump parabolic run
- 5 April 2021 - 59.3kthe top
The closest there has been to a 13 buy count are as follows:
- 19 January 2015 - 11 count - bottom of the bear market on a closing basis
- 24 August 2015 - 10 count - start of the turn around into the multi-year bullrun
- 29 January 2019 - 11 count - bottom of 2018/19 bear market
Since there isn't any historical data to compare to in regards to a 13 buy count on a weekly basis, we will have to strap ourselves in and see what happens.
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