UnknownUnicorn59736

UnknownUnicorn59736

If 1929-1930 is anything to go by, about 5-6 months.

UnknownUnicorn59736

Keeping it simple stupid.

UnknownUnicorn59736

Nice set up for Bitcoin's typical 'Twin Peak' pattern (See April 2013 & November 2013.)

UnknownUnicorn59736

Textbook Head & Shoulders reversal pattern just confirmed to get this party started.

UnknownUnicorn59736

Just another arbitrary bump on the great Bitcoin road toward sound money dominance.

UnknownUnicorn59736

You know that old crypto saying: "Litecoin is Silver to Bitcoin's Gold". Well now 'Gold is Silver to Bitcoin's Sound Money Supremacy'. Well in price ratio terms it is. I know I'm not comparing apples with apples, & for the purpose of not embarrassing Gold's post crypto performance any further, it's probably best I don't. But in terms of available supply, there are...

UnknownUnicorn59736

Nothing new, nothing we haven't seen before during this almost 3 year long bull run. Just another solid basecamp H&S confirming after a 40% pullback before barreling onward & upward. This month long price structure is perhaps the single biggest reason I'm not expecting price to pause here for a week to form that classic C&H pattern, but rather just move...

UnknownUnicorn59736

Take the bottom price for the current price cycle, then multiply it by 500 to workout the top price in 2 cycles time, give or take a few percentage points.

UnknownUnicorn59736 Updated 

Amazing similarities between the crossing of the parity threshold of Bitcoin's ratio to Silver & now Bitcoin's ratio to Gold. Bitcoin first 'kissed' parity with Silver back in June 2011. To only come back & smash it in February 2013. Bitcoin first 'kissed' parity with Gold back in November 2013. Now it's time to smash it as well. Remember there are over 280...

UnknownUnicorn59736

This 'Smiley Pattern' just confirmed! This is by far one of the most technical charts I've ever done & I have know idea how I spotted such a complex price signature. One minute it wasn't there, the next I just couldn't unsee it. Kinda like those 3d image prints from the 90s. Anyway, to see such a strong pattern confirm after over a 3 year period is very bullish...

UnknownUnicorn59736

We already have a C&H in play from the previous all time high, Then at $800 we have this epic H&S confirmation to look forward to.

UnknownUnicorn59736

The S&P 500 is starting to look pretty dismal on the longterm daily chart, despite the recent relief rally. Following the curves, price is on track to go into panicked free fall sometime in June or July. But as is the chaotic nature of the seneca cliff, It could fall a lot sooner than that. The exquisite head & shoulders top that forms the multi year crest of this...

UnknownUnicorn59736 Updated 

Everyones probably seen the old 'Phases of a Bubble' template kicking around the web. So I thought I'd give the daily price chart for Bitcoin the 'Phases of a Bubble' treatment.

UnknownUnicorn59736

Just thought it was time to publish this update to my earlier 'Fun with Time Fibs' series. Basically it's a study of a recurring time scale pattern in the Bitcoin price structure that harks back to the beginning. According to the pattern we are fast approaching a significant turning point toward a new all time high, with almost as many days between the previous...

UnknownUnicorn59736

I've been watching this massive multi year 'head & shoulders top' take shape since the bounce at 1833 in August, after that big reversal that forms the 'head' at 2137. After today's sell off it's bearish potential should be undeniable to most. Considering the massive amounts of credit that have fuelled this bubble the debt deflation that will force the coming sell...

UnknownUnicorn59736

With this momentous breakout of the 2 year downtrend in Bitcoin's price, it can be difficult to imagine the possibilities going forward. I find repeating pattern's in Bitcoin's price history offer some direction. The patterns highlighted with the purple arrows are the price consolidation areas in yellow that have with a notable regularity formed near the 0.236...

UnknownUnicorn59736

Platinum, having recently broken thru it's USD, 13 year supporting trendline in late September 2014, has now just also breached an almost 33 year old resisting trendline when priced in gold. This happens against a backdrop of some recent bearish moves in gold's USD price. This has for the most part dragged down with it & with much greater effect both Silver &...

UnknownUnicorn59736

Not much else to say except the angle of attack this time round doesn't bode well for a bounce like it did in October 2014. Perhaps a strong sell signal to the 'confirmation traders' out there.