Bitcoin Closing Triangle The previous trend reversal broke it's resistance prior to Halving. Will the previous market cycle repeat in the upcoming halving event?
Gaussian channel and Moving Average Cross applied to macro Elliott Wave cycle. Indication of previous market cycles moves on the upcoming long dominant trend. Halving effect and long term seasonality. 2013 - 2017 ATH 2014 - 2018 Beginning of a downtrend 2015 - 2019 Bottom found and reversal 2016 - 2020 Halving event 2017 - 2021 Parabolic uptrend and a new...
Trying to find a pattern in between dogecoin and bitcoin. Inverse wave pattern for doge is formed. Any idea is good. Comment what you think.
What if Bitcoin repeats the pattern of the previous market cycle. Altcoins always follow Bitcoin with a delay.
This chart shows Dogecoin price discovery according to BTC historical Chart.
If we compare BItcoin yearly progress since the end of 2013, we would get the next target.
What price targets to expect on the next dominant trend?
Bitcoin market psychology is very sensitive and turns quickly from bullish to bearish and vice versa, this chart shows exactly the psychology depth as the price changes. GREEN TRIANGLE - BULLISH MAJORITY RED TRIANGLE - BEARISH MAJORITY
If the new trend repeats the previous market cycle, we might see new ATH after the halving event which will happen in may 2020.
What if 2011 Bitcoin market cycle chart repeats.
Take a close look at pre halving Bitcoin price action in 2016 and RSI.
If Bitcoin is going to repeat the market cycle since 2013 to 2017, what would we have? 2013 - 2017 ATH 2014 - 2018 Downtrend 2015 - 2019 Bottom 2016 - 2020 Halving 2017 - 2021 New ATH
A possible scenario of the next Bull market cycle.
The last discussion to bring back the Gold Standard may be very bullish on Gold price, except that, Federal Reserve and European Central Bank are increasing the quantitative easing, which can also play a big role on Gold price, unless central banks stabilize the economical system.
Cryptocurrencies market capitalization and trends are tied to Bitcoin price moves, based on the previous market cycles we may have the next bull market reaching the next price targets as an average measure.
Ethereum/Bitcoin market cycle might be on the final stage before the new all time highs?
The chart is focused on discovery of big market cycles, while analyzing the past moves, we can't predict 100% the future, and here is the possible scenario for the future price moves.