AJMourot

AJMourot

Marathon Digital has recently got into the BTC Mining Game in 2020 - 2021. As you can see, the stock had a massive impact post halving surging over 200X.

AJMourot

Riot, a BTC mining company see's significant price surge post BTC halving

AJMourot

It's clear that BTC halving has a strong positive effect on BTC mining stocks

AJMourot

Confirmation that Mining stocks surge after halvings

AJMourot Updated 

After reviewing the Bitcoin halving events on Marathon digital's chart, it's clear that the Bitcoin halving does not have a strong impact on the price of the stock. My initial thesis which was that, profitability cuts caused by the halving would lead to negative price impacts on the chart is disproven by the 2020 bull run. Right now, it seems the price...

AJMourot Updated 

Looking at an inverse chart flips the price axis, so up becomes down and vice versa. This can theoretically help some traders detach from their inherent bullish or bearish bias and focus purely on price movements. For example, a trader who is naturally more bullish might find it easier to identify potential shorting opportunities by looking for bullish signals...

AJMourot

Highlighted the 4 year Bitcoin Cycle. Important note: Bitcoin Launched January 2019. Data starts at June 2010. So the first cycle is also subject to the pattern. What you can see is that the Bitcoin Bull-Run lasts 3 Years and the Bear Market Lasts 1 Year.

AJMourot

As you can see from the chart, when USDT.D spikes, Bitcoin finds a bottom, important to note that spikes can last different lengths and not necessarily a perfect indicator, but a spike and reversal could indicate a bottom for BTC

AJMourot

Bitcoin Dominance spikes in either direction correlate to volatility within the Bitcoin market.

AJMourot

This chart highlights BTC and the RSI and their relationship with finding peaks and troughs. As you can see, they are not always 100% accurate, or at least not right away.

AJMourot

If we plot Dogecoin and map out peaks of pumps while overlaying BTC, we can see that most of the time, when DOGE runs, BTC has a dip shortly after. This is to provide evidence of the thesis that when memecoins pump, it is a sign of froth in the market.

AJMourot

Just looking at all the news over the course of the bull market and plotting it, seems like although there's tons of news, nothing is really behind this dump.

AJMourot

Highlighting the fact that although BTC has dipped, the fear and greed has not retraced. This suggests market sentiment is still elevated and we can expect further downside. In all cases leading up to this dump, we saw a correction in the fear and greed index of 20+, currently we sit at a correction of only 16 pts in market sentiment. My thesis: DOWNSIDE RISK...