interesting observations on btcoins price history. --Bitcoin (blx coin) on 1W timeframe-- -aproxx every 53 bars, or 370 days before each block halving, the price finds a bottom: (eg: oct/nov2011, june2015, and more recently march 2019 and march 2020) Price coils inside the fractal trendlines (red and purple flag formation on 1W tf), then breaks out on/around the...
The years denoted on the chart are the centre of each yellow circle. In each circle is the central violation of the 200 month moving average, amongst a cluster of three. You'll see the 200 month MA serves as support either side of the one circled. This is a bit of a loose use of the term support but what I mean is big recessions like this seem to result in three...
Mapped the ATH from 2013 to 2017, and projected it forward twice. Can bitcoin survive the rest of our lives?