I thought it would be about tile to update my previously published Idea, where I synced up the price-action to the halving events. Keep in mind that this in no way predicts a bottom in the 11k area or anywhere else for that matter, I just wanted to see this mostly for timing purposes only. In 2019 BTC bottomed 525 days before the halving, that would make it...
Just a short writeup: 1) Longer term signal expired, and it's heading up on smaller modes. When these smaller modes stop forming, the trend will change, making it a long term sideways chop or a downtrend. 2) Mode 2 didn't reach the 2nd target, which is showing slowdown. 3) Mode 3 did pick up speed and hit the first target in the first bar, so chart has time to...
A quick thought that came to me lately was that the BTC issuance halving is quite a relevant event in the Bitcoin market cycle, so why not try to estimate good, long term buy opportunities based on this. Halving is the event when mined BTC blocks reward gets cut into half, and our next halving is on ~2020.05.30 . Looking back, we can notice that there is a...