Bitcoin

Eclipses in 2012 - a Stable Year of Growth for Bitcoin

2012 was year number 4 of Bitcoin's life, which is a stable year, uneventful, boring like all stable periods in our lives. Nevertheless Bitcoin's dynamic nature does manage to create a peak and a slump, defined clearly by the Lunar Eclipses in 2012.

In 2012 the Lunar Eclipses play the role of defining the price action and the Solar Eclipses act as secondary, just supporting the structure by ensuring not much volatility and eventfulness between them and the lunar eclipses.

Where the Solar Eclipses precede the Lunar Eclipses, the periods between the Solar and Lunar Eclipses are either even on price or slightly bullish.

What emerges as a common pattern with the previous year 11 is that the Eclipses are defining the full cycle of the price action from rise to fall and include the stability before the rise and after the fall.

Traditionally Eclipses are known to escalate action, however in this chart it seems that the Eclipses are protecting the action like a stage curtain, opening the show for action and then closing the curtains for end of action.

If you stop any patterns or rules do share in the comments below. I'm curious to see what you discover.

I have discovered a few significant rules which I will publish separately.

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