The Secret of December 17th! New high incoming?What if there was a specific day of the year that bitcoin typically told us what it was planning?
For the last 3 or so years it has been on Dec 17th that a significant development has developed regarding the cycles of BTC. It has often labelled the day of the exact top or bottom; as well as confirming the beginning or end of a previous cycle. I believe we are about to be entering the part that occurred last 2016 after DEC 17 15. I then did a bar pattern of the DEC 2016 - 2017 cycle for the time which will be from DEC 17 2021 -2022. This would mean we hit maybe as high as 23-32000 this December 17 and next one should be somewhere around 100-500k.
Very interesting how in 2017 it was the day of the peak... then 2018 was they day after the bottom; with dec 2019 being about exactly when it was confirmed that we had begun the next bull run... we shall see what happens this DEC 17 but I have a feeling it will be a new ATH.
thoughts?
Cycles
GBP JPY - Brexit 'Deal' scenarioHello,
With current events and fresh levels looking likely on Monthly timeframes - we can see GBP & XXX major, minor pairs to see heavy movement for appreciation for Sterling.
As the UK is seeing the vaccination being used from Monday, most likely and last minute negotiations for Brexit.
If the parties can agree a deal at all, the surgence of relief will allow buyers or GBP USD and EUR USD to surge in order to high monthly highs and create a fresh zone.
Alternatively,
Where a sell scenario - expect the previous depreciated low to be the bottom out scenario.
The EU & UK, ideally want a deal - as this steadies recovery and while creates barriers, it also loosens barriers at the same time from a lobbyist perspective and in terms of acting rapidly in response to change.
Keep a look out for Key levels - where price can consolidate.
The higher timeframes show us the direction where price has a distinct probability of where price will move.
Let's await.
Many thanks,
Team Lupa