Bitcoin Broke Back Mountain - Extreme Liquidity Decay Event 2019
(Update: Storm Cycles Repeat without Change)
Climatic Center Point - 28 Day Cycle, Center Point to Center Point ------------------------------------------------------------------------------------ The Progressively Stacked Bell-curve with Catastrophic Parabolic Decay
The Storm Cycles every 28 Days from Center Point to Center Point and Drops $600.00 per Cycle on the Mark, like Clockwork...
With this in Mind the next low will be $8,450 on the Mark if we don't Breakout of this Pattern that has continued since November 2017, with exception of 2 weeks when we ran up to 13,849 and then it strangely started again...
New Data and Some Older Data
So Rare, it only happens once in a thousand Years, yet this is the Second time for this Market Storm to Rear it's Head; the First was in November 2017, when Bitcoin Crashed after its First 2OK Moonshot and again, not even two years later...
I have Removed Category's Because these Events are All Identical from One Event to the Next with the Exception of Volume!
Condensing, Consolidated & Constricted Formation tilted at 22.5 Degrees into Climatic Regression, with Little to No Uptrend Capacity, before the Downward Plunge, as Liquidity Bleeds out the Backside of the Asset Class.
There Appears to be No Signature Difference from one to the next, other than the Volume Intensity from Selloff and Aggressive Short Trade Activity.
The Fingers are Cupped Downward into Climatic Regression Channels and become Extremely Consolidated & Constricted to the Right of the Center Point as seen in the chart.
Mountain Peaks are Progressively Hollowed Out, or Non-Existent, which is Normal and Expected for a Market Storm of this Magnitude, but the Storm Cycles are Strangely Overlapped and Shouldn't be. A Possible Signature of Fraud; the Cycle Bands would Normally Merge as One Feeds into the Other.
Repeated Rally & Recovery Déjà Vu, Just Prior to Continual Deep 6, Bank Busting Dead Drops...
Life Cycle Events Repeat, Instant Recall with Lower Highs and Lower Lows...
The Bitcoin Liquidity Drain
Much like the Eye of a Hurricane, yet not nearly as Calm
Condensing Inflationary Upsurges with Consolidating Liquidity Imbalances will lead to Constricted Backside Bleeding
While the Market Storm Rages On, the 2019 Bitcoin Voyage has Only three Potential Possibilities; Up then Down, Down, and Down More...
When this Market Storm Rears it's Head like it did with Bitcoin, Current and Previous Trend-lines are Abruptly Redirected Downward Creating the Distinct Unforgiving Bell-Curve Shape, which will Sternly Govern and Restrict any Possible Uptrend Activity as Liquidity Bleeds out the Backside of the Asset Class
Primary Cause: Excessive Inflationary Spoofing of Fake Ask and Bid Orders Processed as Policy by Every Bitcoin Exchange on a Global Basis, which is being done to Cover-up a Massive Liquidity Imbalance Caused by Unsustainable, Overly Aggressive Short Activity in Combination with Excessive Predatory Exchange Fees that Collectively will Result in an Unavoidable Devaluation of Bitcoin back to a Solid Bid Base and easily as low as the previous 2019 low at 3,125.00...
This Market Storm has been documented with Hundreds of Screenshots ever since the beginning of its formation back in late June when Bitcoin ran up to 13,849 and I will follow-up with an expanded series of those screenshots so everyone can see the progress since I first started posting the chart in the public chatroom on July 3oth and now the chart is nearly complete and bitcoin followed it with unbelievable accuracy from beginning to end...
If Don't Drop we will move to a New Level up and it will top at 16,870 with a Bottom at the Current Top Line Pitch; if we pass 16,870 the next Level up tops out at 22,296.00 and if we hit this, 16870 will become the new Floor!
Discovered, Documented and Scientifically named for such Extreme Market Conditions, 2019 Copyright by Bryan Christopher Amos
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