2017 first top = future bear summer bottom 2017 Mania phase = 2021 alt coin season = 2023 bear summer bottom 2017 final top = 2021 mania phase = 2021 mid cycle support = 2023 alt coin season = 2026 future bear market bottom? 2021 final top = 2023 mania phase? 2023 mid-cycle support? 2025 alt-coin season?
Just a view of the ebb and flow of BTC dominance from last cycle
The Bitcoin chart gets a lot of attention, but I wanted to look at (others)% dominance, especially since it's not just Bitcoin that is running the market anymore. Altcoins have had bigger and bigger impacts throughout the cycles, and I'd wanted to see what the patterns in the overall altcoin market would say about the recent cycles' similarities, I must say I was...
Following this closely for profit-taking and risk management.
Just playing around, this is with no means financial advice and I don't have any expertise whatsoever, I'm just high-lightning some patterns that might not be in any way relevant to future price predictions whatsoever.
242 seems to be the number... potential 2021 top around 12th of December before big correction/bear market
242 days is reoccurring, pattern also looks very similar... let's see.
Does bitcoin like to set a new low after full moons? Rarely, and if it does it's usually after a big uptrend as you can see here on the chart. Last 13 moon cycles 10 no new lows. 3 new lows (but as mentioned, after an uptrend in ALL cases) 3 days before or 3 days after the full moon is defined as full moon low, If I had used 4 days two of the "new lows" would...
Just playing around with some time ranges, can see this happening - many people expect parabolic times soon, if we don't get it - this might be a reality.
Just playing around with days and degree measurements based on previous similar structures.
Takeaways: 234 days from first high to last high in 2013, will put us at 4th of December. 147 days from mid-summer dip reversal would but us at 14th of December. Another interesting fact is that the average of both previous cycle hit of 2.272 (close to ATH ) is 4th of December (2013 28 Nov/2017 12 Dec) Also, new moons are a very reliant top indicator (often 2-3...
Takeaways: 234 days from first high to last high in 2013, will put us at 4th of December. 147 days from mid-summer dip reversal would but us at 14th of December. Another interesting fact is that the average of both previous cycle hit of 2.272 (close to ATH) is 4th of December (2013 28 Nov/2017 12 Dec) Also, new moons are a very reliant top indicator (often...
Using some fibs to look for patterns. Found some interesting targets that will be interesting to follow into late 2021 and possibly beyond. No financial advice, of course, just having some fun.
I think everything should be highlighted in the graph...