Bitcoin's Market Cycles
Güncellendi
I know you've probably seen this kinda chart around many times, but this is only for a reminder.
In this post, iv'e outlined the "phases" within Bitcoin's cycles and the ones it has gone through in the past and what it is most likely to do next. Not saying it will repeat itself, but it is probably best to use as a rough outline.
There isn't much to say really since iv'e outlined the phases and cycle on the price chart along with how long they each last with their % gain, but iv'e outlined the main topics.
Four Main Topics
- Bitcoin Phases & Cycles (names of phases & idea not mine)
- 20 Weekly Moving Average from Bollinger Bands (this comes from filbfilb - check him out on here, twitter and telegram)
- Puell Multiple (easily outlines tops and bottoms)
- Non Linear Regression Curve (easily outlines tops and bottoms)
The reason behind this post is because I see many folks on various social media platforms expecting price to go lower, seeing 7k, 8k mentioned often, but by looking at this price chart can't help but disagree, who knows maybe this time around the cycle might break.
When to Get in Before Next Bull Market?
Look out for 20 weekly moving average and whenever price touches during the re-accumulation phase enter into long position and forget about it. This will most likely be your last and best chance of getting in before the next cycle starts. I first saw this pattern spotted by filbfilb
When & How Sell the Top and Buy the Bottom?
Puell Multiple (make sure it is in logarithmic scale)
- Sell into the red area or close to it (don't have to be exact with it)
- Buy into the green area or close to it (don't have to be exact with it)
Non-Linear Regression Curve
- Sell into the upper band
- Buy into the lower band
In conclusion, the way I see it is this price chart is the only one, one could ever need. Why? Because it easily calls the tops, bottoms, when to buy, when to sell, phases within the cycle. Maybe I'm bias because it's my own chart or because cycles repeat just like in everything else.
Hope you enjoyed the read; simple and short, but trading/investing is best done this way.
If you liked it, like it and comment! Thank you
In this post, iv'e outlined the "phases" within Bitcoin's cycles and the ones it has gone through in the past and what it is most likely to do next. Not saying it will repeat itself, but it is probably best to use as a rough outline.
There isn't much to say really since iv'e outlined the phases and cycle on the price chart along with how long they each last with their % gain, but iv'e outlined the main topics.
Four Main Topics
- Bitcoin Phases & Cycles (names of phases & idea not mine)
- 20 Weekly Moving Average from Bollinger Bands (this comes from filbfilb - check him out on here, twitter and telegram)
- Puell Multiple (easily outlines tops and bottoms)
- Non Linear Regression Curve (easily outlines tops and bottoms)
The reason behind this post is because I see many folks on various social media platforms expecting price to go lower, seeing 7k, 8k mentioned often, but by looking at this price chart can't help but disagree, who knows maybe this time around the cycle might break.
When to Get in Before Next Bull Market?
Look out for 20 weekly moving average and whenever price touches during the re-accumulation phase enter into long position and forget about it. This will most likely be your last and best chance of getting in before the next cycle starts. I first saw this pattern spotted by filbfilb
When & How Sell the Top and Buy the Bottom?
Puell Multiple (make sure it is in logarithmic scale)
- Sell into the red area or close to it (don't have to be exact with it)
- Buy into the green area or close to it (don't have to be exact with it)
Non-Linear Regression Curve
- Sell into the upper band
- Buy into the lower band
In conclusion, the way I see it is this price chart is the only one, one could ever need. Why? Because it easily calls the tops, bottoms, when to buy, when to sell, phases within the cycle. Maybe I'm bias because it's my own chart or because cycles repeat just like in everything else.
Hope you enjoyed the read; simple and short, but trading/investing is best done this way.
If you liked it, like it and comment! Thank you
Not
One thing which forgot to mention. During the second cycle the bull market started earlier than it was use to. Perhaps this time around same thing will happen.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.