set up M -Fibonacci trend-based time is based on the time elapsed between the first and second halving -Fibonacci extensions are based on the first pulse of 2010-2011 -The curve is based on the Fibonacci ratios we still can’t explain why the Fibonacci’s ratio work on charts, And this is particularly relevant on the Bitcoin chart where ratios have been extremely...
Monthly sorting time scale Extension of Fibonacci based on the first pulse of 2010 2011 Trend-based fib time extensions based on the time elapsed between the first and second halving It is impressive to see how reliable Fibonacci extensions based on the first bullish movement of 11 years ago are still relevant and accurate, and they have been throughout the...
For the first time during the last halving, block rewards have decreased by one digit and each red line represents each cycle where a digit is removed from block rewards. Fibonacci extensions based on the closing of the tri monthly sorting candles of the first pulse of 2010-2011 So far Fibonacci's levels have been very accurate in tri monthly and monthly...
The 2017 big red candles of bitcoin dominance during the bull run are mostly the new comers money, thinking first that bitcoin is too expensive and it’s too late, so they look elsewhere and gamble their money in FOMO without any fundamentals knowledge.( ICO bubble) In 2018 the dominance was blowing up by the capitulation of this new money, during the bear...
Corroborated by the fib extensions (monthly set up) this could the signal of a long term opportunity. (Flexibility : fib 0,618) The interesting thing with these metrics is that they show the fair price of Bitcoin versus the speculation price. I think that at 21M the energy consumption metrics will the main indicators of the bitcoin value. Fair and stable.
The DCA (dollar cost average) consist to buy an amount of a value weekly or monthly without consideration of the price. Applying this method on Bitcoin you can analyse the last 10 years Each arrows show you the buying average of one whole year, moving to the next average there is the % of profit year by year It is interesting to notice that only 2 years was...
The halving of Bitcoin is the timing key of the crypto market, each 4 years the production of BTC is divided by 2, each are preceded by a bear market and followed by a bull market. The fibo circles ratio of each bear market give you the next ATH at the 3,618 line, and the pull back at the 2,618 line Technically BTC should go to the next 3,618 line (ATH) and go...