Capitulation
I expect a major move for Bitcoin in a matter of hours!This is a zoomed in version of another chart.. We are only hours away from making contact with this blue ring which I think will cause a huge move for bitcoin. Please keep in mind this is a pretty large fib circle so there could be a delay, but i do think this blue ring is the start of some major moves.. I think with Bitfinex longs stacked the move will more than likely be to the downside.
DXY. P-Modeling Pt 2. Linear Cajun Strings of Binary MatricesWelcome to the DXY Hyperspace.
This is a public experimental test run of continuous Linear String Decoding of DXY based on quantum protocols.
Please start here.
This is DXY's long range prediction model. On the Weekly TF. *Currently Active*
This idea is the same one as ABOVE ^.^ However...
The TimeFrame of this Idea is 30 minutes.
The actualization of the week TF has to be validated by the actualization on small TF's.
This is the 30 minute journey of the DEMISE of the USD.
Be sure too look back at the 1 week journey so you do not get lost in the sauce..
This is public Trial #1 @ 30 minute TF
TP of this idea is 96.7
Binary actualization imminent.
This idea expires on the 14th, and Pt 3. released.
Law of Net 0 Entropy = Equalization
Find the X-Y-Z structural mirror.
Match the colors.
Repeat?
I think so.
RIP USD.
They laughed at the Cajun, for he was different.
They ridiculed the Cajun, for he was different.
But then.. they grew curious...
Then like all curious creatures.. They did some research...
But little did they find.
So the more curious they grew...
"This scrub must be lying."
"Fraud they claimed!
"Your quantum analysis is bullshit!"
Maybe it is... Maybe it isn't.. Time is the judge of that.
Failure is a necessary component of success.
Stay curious my friends.
Give a like and stay tuned for more. Let me know you are curious.
Laugh now, cry later.
Thanks for Pondering the Unknown with Me,
Glitch420
HOW MANY TIMES U WILL FALL FOR THIS BTC SAME SCENARIO EVERYDAY, LOOK HOW MANY TRENDLINES EVERYDAY, IF YOU DRAW ALL THESE LINE YOU CAN TRADE WITH A WORKING STRATEGY.
PEOPLE THINK THE CME GAP AT 7.8K WILL BE FILLED BEFORE MORE DOWN, TECHNICALLY THIS IS NOT NEEDED, SOME GAPS CAN TAKE MONHTS, SO IN CASE WE GO HERE PLACE YOUR SHORT AT THAT LEVEL.
indicator used:
DIP DETECTOR (RED DOTS, ALERTS WHEN DURING STRONG DIP, IN CASE YOU WANT LONG)
Simple Bitcoin Ultimate Forecast into 2020Capitulation is basically when Miners stop mining and sell some of their bitcoins to keep operations going.
However Capitulation is more likely to occur at the end of every annual year now due to regulation and taxes.
It is easier to calculate loss/profit by shutting or slowing the network down and washing your hands so to speak.
Power consumption costs are higher during the winter time as well.
So with that said the ultimate guide and advice I am giving myself is to play it short, wait for capitulation cycle to open and and buy all in as the capitulation cycle is closing.
This chart is an emulation scenario of the next "possible" 50% drop
***I am not a FINRA registered agent or broker (As of Yet) and this is not financial advice, Please always do your own research, As Bitcoin is a highly volatile asset.***
Hash Rates Trump Difficulty in Identifying Miner CapitulationA visualization of Bitcoin Hash Rate vs Difficulty.
This helps to show why Difficulty is a lagging indicator.
Difficulty is like a moving average that only updates once every 2 weeks.
Increased Difficulty is not necessarily good... Hash Rates are better for timing capitulation.
Miners' Capitulation into Bitcoin Halving - Macro AnalysisMiners' Capitulate into Bitcoin Halving
On a macro level the Empire is currently building the 3rd Super Star Destroyer with Death Star capabilities to jump even further through hyperspace. There are 3 scenarios:
1. blue (most likely)
2. green
3. red
Miners Capitulation
In a nutshell - undercapitalized miners panic sell because difficulty is too high and mining is no longer profitable, price dumps, longs get squeezed, stop losses cascade, more miners sell.
The capitulation is signaled by a bearish MA crossover on the Hash Ribbons indicator. Last time a Hash Ribbon inversion took place in Nov 2018, when Bitcoin crashed from $6000 to $3000.
The inversion of the Hash Ribbons can lead to a 30-50% drop in the following days, with weeks and months of consolidation prior to an eventual breakout.
If capitulation occurs, subsequent positive momentum (bullish MA crossover) could be taken as a BTC buy signal.
formal cause of the dump: major inflow of 1st spend BTC from some unknown miner's wallet.
_______________________________
Basics of Bitcoin Mining:
- Bitcoin has cycles/epochs. Halving affects miners' revenue in each cycle and therefore the price. This is by design. Hash rate and difficulty adjustments ensure system operation and stability during a cycle. Price converges to a median of a triangle before each halving. It's like having a built in gyroscope. Difficulty adjusts both up and down automatically to counter the Hash Rate increase/decrease.
- Miner's goal is to sell bitcoins at max price and buy new equipment at low price to stay in the game. Therefore miners are incentivized to gather in large pools to be able to control hash power and the market by increasing/slowing down supply production. Built-in scarcity or artificially limited supply production causes the price to go up and attracts new investors - basics of supply/demand. Miners can halt all operations and cause the price to collapse. They can also dump 1 mil coins and crash the market at any given time or kill other coins with compatible protocol using 51% attack. They lobby for changes in the bitcoin protocol.
- Bitcoin is essentially a math formula, it's a sort of self-propelled pyramid scheme that is propagated by miners using investors' money as fuel. It will likely converge and stabilize around a single value or collapse in the long run. You can use it while it works.
- It's a pyramid because to be able to cash out your coins you must have a counter party - someone with fiat to buy bitcoins from you. You won't be able to sell if there's no buyer. Only the first few will. The rest will become bagholders. Or you will sell at 10% of the value. You don't notice this when there's enough liquidity in the market and price goes up which attracts occasional buyers. It's much harder to cash out when price goes down and no one wants to buy and people have to wait for weeks. Those always in profit are service providers that charge fees and control liquidity pools. People with lots of coins usually just donate them or try to run their own exchanges - this is the only way to get cash for coins and fees from trading/listings.
- that's why HODLing is pointless in the long run. Whales need lots of bitcoins only as leverage to be able to trade large positions, shake out the market and cash out occasionally. They can grow capital because they are hedged.
- miners need to sell bitcoins to upgrade the equipment and pay for electricity to be able to continue working. Their profit margin is very small, it reduces exponentially and at certain difficulty levels they go bankrupt like most traders. In the long run 1-2 mining pools will control the whole market. It will become a centralized monopoly. And you don't want to become the market because no one will buy from you. Everyone will just switch to a new coin. Check US history of oil prices. The only miners that are always in profit are mining equipment manufacturers. They get cash from sales and they know that their machines will become obsolete.
- 1 BTC = 1000000 USDT price is possible but no one will be able to cash it out, because there will be no liquidity at such price levels and no sane banks to process it. It is possible because USDT will cost a fraction of USD. Attempting to withdraw at 100% value will cause exchanges and tether to collapse. And there's 2x more tether now with ERC tokens.
- Mining manufacturers, exchanges and corrupt governments will pay large fees to shady banks for coin to USD processing to maintain the vicious cycle and attract new investors. This will work while not everyone wants to withdraw.
- in the future all exchanges will list BTC price in satoshis because common man will be able to buy only a small fraction of BTC such as 10^-8 decimals
- in the future miners will rise fees, fee = 1 BTC or 50% of transaction value could become the new norm. People won't be able to move coins for many reasons.
- The price of any commodity tends to gravitate toward the production cost. If the price is below cost, then production slows down. If the price is above cost, profit can be made by generating and selling more - Satoshi Nakamoto
Check out links:
Stock to Flow model:
digitalik.net
www.lookintobitcoin.com
https://bytetree.com, featured charts, generation 1 on-chain miners 1st spend chart
Bitcoin Log Regression:
www.youtube.com
How The Economic Machine Works:
www.youtube.com
USDT supply
www.tokenanalyst.io
QUANDL is huge database that stores a lot of statistical and economical data from all over the world. Free quotes from QUANDL are available on TradingView:
QUANDL:BCHAIN/DIFF - bitcoin difficulty
QUANDL:BCHAIN/MIREV - miners' daily revenue
QUANDL:BCHAIN/NADDU - unique bitcoin addresses
QUANDL:BCHAIN/TOTBC - total bitcoins in circulation
QUANDL:BCHAIN/BLCHS - api.blockchain size
P. S.
Gabening intensifies. Alyx is here. It's been only 12 years but feels like yesterday.
Crypto Total Market Cap. P-Modeling Pt 3. The Flying V of CajunOnce upon time.. in a far away galaxy...
Stood hope, denial, death and despair. They were well known you see..
They... were.. special.. you see.. It all started long ago.. A master deceiver schemed and plotted. They formulated a plan.. A grand scheme.
They can control. They can trick. They can make you feel.
A psy0p of ginormous proportions.
Hope is a funny word, ya know? It gives you this blissful idea that runs rampant in ones mind. The feeling of an anxious growth that lingers for progression. You are excited for this progression but still unsure. What if you ask yourself.. But you immediately reject this notion of negativity and remain positive. Hope.
Denial is interesting. It is the limbo between the consequence of ones actions. Still, yet in disbelief. This limbo is no ones fault, but your own. Accept it. You still failed. Accept it and move forward. Denial.
Now Despair... is well.. not so funny. Its a dreadful feeling. Clearly, something of the sort is a big slap in the face of confidence. That dreary dark cloud that hands over you.... You ask yourself how... How could you not see it.. Deep sadness. Despair.
The denial of the existing reality is an illusion of despair. In your daze, you have been sacrificed. Doupted. Rekt. Fucked. Bent Over NO lube.
Just accept it. Or not. Maybe your fate wouldn't hang in the balance if you REALLY believed.. Do you really know? Does anyone REALLY know?
I guess that is for fate to decide.
Do you risk the fatal flaws of your own mind?
Can you robot for me? Can you be emotionless...
Can you? Will you?
For the sake of your life?
Believe?
Oh my.. Why do you even listen to me?
You don't, I get it.. or do you?
You are wasting your time here. Clearly, not possible.
But what if it was. Surely... I mean.. I could try?
Right? Trial? Error?
So much Error.. So much room growth.
Ok.. But.. What if it was possible that one could develope tools to predict the future?
Seems easy enough? Pshhh We got this... right?
Shall we try? Ok.. Let us try then..
Trial 3.
Start here to see Trial #1... Trial 1 was a failure.. Trial 2 caught me by surprise.. I also failed Trial 2. This idea makes #3 :). Let's try this again.
To see how we got here.. Please see..
Trial 1.
Trial 2.
Thanks for Pondering the Unknown with Me,
Glitch420
Miner Confusion? An Unusual State in Hash Rate GrowthThe current plateau in Hash Rate growth is most unusual for Bitcoin.
The Hash Ribbons 1 month and 2 month moving averages have never been this close - for so long - except during a capitulation event.
We can measure the relative "growth" of the current month Hash Rate (HR) to the prior 2 months as: Growth = (1m HR - 2m HR)/(1m HR)
In November 2019, "Growth" has been below 0.5% for over 7 days now, without a cross-over (capitulation event) occurring.
However, it appears as though miners are moving cautiously, and may be struggling between two tough choices:
1) To commit more resources to Hashing (and trying to accumulate more Bitcoin) ... OR...
2) To cut back Hashing power and risk missing a major Bitcoin Bull Run.
In attempt to plot some "similar" historic scenarios, I have flagged in red where "growth" was historically less than 2% for at least 1 week:
OCCURRENCE: DAYS TO CAPITULATION
Apr 2012: 2
Dec 2012: 2
Dec 2014: 2
Apr 2015: 21
Nov 2016: No Capitulation*
Oct 2018: 5
Mar 2019: No Capitulation*
May 2019: No Capitulation*
Result: in 5/8 cases a capitulation occurred within 1 month.
This suggests there is roughly a 60% chance of a capitulation occurring in the next month.
However, this result should be taken as a GUIDE ONLY.
10 years of data, and 8 similar data points, is FAR from an exact science. We only have 10 years of Bitcoin history to work with, it is imprecise, but that doesn't mean it should be ignored.
Notes:
* Capitulation occurred >> 2 months away
** I excluded any occurrences within 2 months after a capitulation
BTC.USD P-Modeling Pt 81. The Cajun Valley of Evisceration Welcome to Bitcoin Hyperspace. I am Glitch420, a hyperspace archaeologist.
To see how we got here.. Read Carefully.
It includes unique placement of custom sized fib circles, fib timings, and fib channels as I understand them to be placed.
THE PAST...
On March 28th, 2019 I made this Bitcoin Hyperspace Chart.
If you press play.. You notice there is some accuracy to this methodology. However, I bet on capitulation and I got Cajun Rekt accordingly. As you can see this version of the chart, followed the copy pasted upward fractal quite eerily. After shedding some tears of defeat that my Cajun capitulation was not going to arrive, I shifted my focus to a potential mirror run, as I call it. This idea of a mirror birthed this chart.
On May 3rd, 2019 I re-made this Bitcoin Hyperspace Chart
If you press play.. You will notice some accuracy to this seemingly wild method. This time I bet that we would follow the capitulation sequence I had originally placed. I just inverted that fractal , and placed it where I felt it would best fit based on Fib confirmations. The followed accuracy of this flipped sequence was almost 100%, as you can see with your eyes.
Then after we confirmed the second, '?' circle, the trend wildly blasts upward, thus deviating from the placed fractal .. Look closely though.. Did we really deviate away from the placed trend or does that actualized trend invert on the placed fractal ..? Spooky questions. Well if it was to deviate erroneously, we should not meet a point where they collapse together and continue following; right? Wrong, we do indeed see the predicted trend and actualized trend re-synchronize. A superposition and collapse occurs.
On Aug 7th, 2019 I continued the story with Pt 3.
If you press play.. you will notice that the actualized trend inverts the black path, up until the point of channel collapse on Oct 20th.. At which point the trend meets the designated fractal placement in hyperspace (it lands squarely in the black path after initial inversion). This alignment is no coincidence. Once at the end of the shadow path in black, it had two choice.. Shoot up towards 13k or Shoot down towards 0. The break down was predicated on the yellow path. If you guide your finger at the point of drop you will see the timing of the yellow shadow path on OCT 19th, dimensionally correlate with the drop. Again no coincidences in hyperspace.
BEFORE SNAP: OCT 21st.
CHANNEL REJECTION SNAP: OCT 22nd
AS OF NOW SNAP : OCT 23rd.
Thus we can conclude the actualization of the trend was predicated on mirror fractals. These fractals are not random, but designed specifically for efficiency. Ill explain that at a later time. Since we broke down... and we are to use the SAME fractal in black, again.. we superposition and move over this fractal to our current location and give space between 3 channels, enough for sideways consolidation. Please see the last snapshots.
THE NOW.
This chart is a continuation of the 3 charts above with new consideration of the actualization of the trend in regard to the set shadow fractals. Since I believe in the decoded fractals I am using, all i am doing with this chart is moving over the previous laid black fractal into 3 channels separated by unique rules and timing errors. You can find BOX C That houses the placement of these laid fractals. Again the placement is not random but chosen specifically within margin error allowance. Allowance allows me to shift a fractal over based upon geometric proportions and linear dynamics, invalidation of fractal shifts occur when they are no longer followed in the hyperspace. Thus one must find a new fractal based upon decoding the execution cycle and its coordinating operators.
The operators decode the execution cycle and once in alignment, one can place validation spirals to check the ecosystem vectors for future vectors and geometric areas of interest. I have outlined a few of them along the fib circles, and placed fib zones. These seemingly not so random placements are part of a new set of protocols. The spirals must support the whole ecosystem at EVERY TF. This is tedious. The spirals of validation across every TF are outlined in black.
If you take all charts provided above into consideration. We can say there is def something correlating between the seemingly copy/paste placement fractals I have positioned for you and the actualization of the trend. None of this was by mistake. Hyperspace has a funny way of showing the unseen strings of quantum dynamics, that of human psychology and bot psychology. This decoding journey has been absolutely amazing but its about to get even crazier.
The Halving is going to be very interesting.
Since the beginning I have pushed the narrative that bitcoin was going to 0, since about March.
BEFORE SNAPSHOT : APRIL 10th, 2019
AFTER SNAPSHOT: AS of Today 10.23.19
Notice the fractal mirror between the two, how i literally just flip that particular sequence. Very interesting do you not think? Are you not as curious as I am as to how it works?
I did fail a few times and i got rekt. However, I kept at it and regained my composure... I think i have finally nailed this. Consistency is key.
Failure is a necessary component of success.
Proposition A was Bitcoin going for $0.
The path to 0. <------- is confirming as we speak.
Same fractals are being used, same string binary. The spin-networks give it away.
Based off the data in the first 4 charts, Proposition B has had quite a valid pool of evidence to support it to make an new ATH (see last idea where we meet the blue path), it failed at the time of action. (SEE BEFORE _ MIDDLE _ CURRENT SNAPSHOTS ABOVE) Likewise, Proposition A is the untold story... and the big elephant in the room. I stand with the elephant.. I do not wish to be trampled. Those who go against it, will be trampled. Bitcoin heads to 0. Finally.
So what will it be my dear stranger friends..
Will we all laugh together at my failure..
or will we cry out of joy at the opportunity to buy Bitcoin at the lowest it will ever be. The "Multi-Generational Bottom"
Stay tuned for many updates. If you like what you are seeing, let me know. Leave a comment, doubt or criticism below. I welcome it.
Don't forget that like button for extra cajun points.
Failure is a necessary component of success.. I will once again bet on full ecosystem Evisceration.
Thanks for Pondering the Unknown with me..
Glitch420
Bitcoin's long grinding roadHad this idea already published in early August but unfortunately, it got delisted as it was accidentally submitted to DE the german TradingView, so let's hope this time it's on EN.
As price has followed quite nicely already I'd like to repost in case ..
This chart shows a fractal that is repeating the 2014-15 bear market (2nd phase) cycle in terms of Fibonacci retracements while also respecting a decade old Fibonacci time zone that has its apex (red vertical line) in Q2 of 2022, where I believe this bear market will find its ultimate end.
By scrolling out you'll be able to see the full analysis with all time zones on display, all Elliot cycles and compare both 2nd phase bear market with each other by simply the color of the fib retracement lines.
DXY. P-Modeling Pt 1. The Demise & Rebirth of American SupremacyWelcome to QA of the USD Index Hyperspace.
Find the Pink Boxes.
Match the Pink Boxes.
Follow the red brick road to the valley of the capitulated.
Fluctuations of the Sine are superposition's of the mind.
Ride the waves.
Purple.
Are you guys ready for the roaring 20's? I am!
Que the FA news. -*Insert Big World News Here*
Fuel the fire.
Fuel the fear..
Do not fall for illusions..
No way I could be right honestly.. Crazy talk.
Or not?
Who knows..
Not I, said the Tortoise.
Failure is a necessary component of success..
Stay Tuned for More!
A lot... more.
Thanks for Pondering the Unknown with me,
Glitch420
Repeating fractal on Bitcoin >> Very bullish if it plays out!Hi everyone,
If you check out 2018's bear market and the beginning of the 2019 bull market, it can be summarized as below:
1) Descending triangle
2) Capitulation
3) Ascending triangle
4) Massive bullish breakout
Could Q3 & Q4 2019 be printing a very similar fractal but on a smaller time scale and within a bull market this time?! :D
I think it's likely. IFF that's the case, then the bottom is in. Now is a great swing trade buy until Q1 2020.
Cheers,
Leb Crypto
Bitcoin Fund Update (BTC)Now that the predicted sell off to the (faster than expected) demand zone of 8k has nearly concluded, A reversal is set to happen. Bids at 8.3-8.4k have been filled for both longterm & short term positions. Expecting the classic "µ" reversal up to whatever planet it lands on. A weekly close above $8,746 confirms that capitulation move to 8.1k was the bottom. Following that weekly close, a rebound to 10.9k-11.5k is in play. Average leveraged long position buys now sit at $8,672. Downside risk is closely managed as well. Buying the blood is never easy but always worth it in hindsight.
ADA CLOSING HEREClosed my ADA position, 440 sat coming.
Anyway i will be carefull with alts, the only play for me is btc, in a short from 10400 looking for 8k.
If ada follow bitcoin, i will expect new lows!
Enjoy.
--------------------------------------------
INDICATORS USED
--------------------------------------------
"Lady BTC BOTTOM"
--------------------------------------------
"Lady S/R"
--------------------------------------------
Check my last creation:
"Lady GOD"
Pay Attention to BitcoinPay attention to that long pink trend line. If Bitcoin manages to dip below that line (and I believe it will), we will be in for a substantial drop. It may only drop to the light blue line, or it could drop to or near the bold yellow trend curve. Either way, we may see a slight increase in price in the short term up to the top of the triangle (orange line). But we will see a big drop incoming.