Elongated accumulation period could last until around November. Only question is, is bull phase b elongated as well? Could be, but I lean towards green, either way 90-140K inbound...slow at first, then fast!
The 50 day and the 200 day ma recently had a death cross. The 50 week and 100 week ma about to have golden cross. Mixed signals between two long term indicators. imo the 50 day and 200 day has been more accurate with our cyclical performance analysis. Furthermore, BTC still stuck in the expansion phase top (14K) downtrend channel. Lastly, miner capitulation...
In 2018 CIA asked, What is the cause of "Bitcoin bubbles?" Were these speculative bubbles like the o so popular tulip bubble!? NO! Tulips never came back to set new all-time highs... After years of mining, networking, gathering data, and analyzing that data CIA can confidently answer the proposed question. The cause of "Bitcoin bubbles" is not speculative....
Pre-havling miner capitulation? First time for that :( It is clear there are some big players working to eliminate miner competition and dominate the hash rate going into what could be the most epic Bitcoin price discovery bubble and rig season yet. Does that mean we will not have the traditional post-halving capitulation that offers one of the most lucrative...
Pre-havling miner capitulation? First time for that :( It is clear there are some big players working to eliminate miner competition and dominate the hash rate going into what could be the most epic Bitcoin price discovery bubble and rig season yet. Does that mean we will not have the traditional post-halving capitulation that offers one of the most lucrative...
The expansionary phase top is in! The wicks have been printed and a beautiful free market supply/demand masterpiece unfolds before our eyes... In our Special Report: Cryptonomics we had projected a re-accumulation phase range of $6K to $9K (seen in our previous post). We are excited to see Bitcoin far outperform our projection (we attribute this to the fact that...
LTC short based on Christian Investment Analysis' (CIADC.co) Special Report: Cryptonomics During LTC's first Cryptonomics cycle (halving) LTC rallied for 133 days from $1.12 to $8.12. 47 Days before its 1st halving Litecoin tanked 60% in one day from $8.12 to $3.00 Will Litecoin repeat its volatile behavior approaching its 2nd halving? It may not be as...
Bitcoin roared out of the bear market (and the accumulation phase) going from 3K to 9K! It blew through the strong support turned strong resistance at $6,000 - $6500 (the pre-capitulation level) and set a 2019 high of $9096 showing the sidelined demand with fear of missing out. This strong movement correlates with Bitcoin's previous Cryptonomics cycle price...