6 BITCOIN CYCLES + CURRENT SITUATION + FUTURE
I have analysed 6 Bitcoin Cycles Since 2013 and found some interesting facts which relates to the current situation and the future.
1. We had 3 Triangle Correction Patterns and 3 Zigzag Correction Patterns. Triangle pattern or ABCDE correction completes near to the Support line drawn from the start of the Cycle. Same happens with the Zigzag correction pattern
2. E Wave of ABCDE Starts slower and crash towards the Support line mentioned above after the major support line is broken (See Red dotted line)
BTC CYCLE 1 E WAVE:
BTC CYCLE 2 E WAVE:
3. If this applies to the current cycle then crash will start around 7k
BTC CYCLE 6 E WAVE:
4. New cycle will start with Impulsive waves 1-5 once the ABCDE correction is completed
BTC CYCLE 2 STARTS AFTER E WAVE OF CYCLE 1:
BTC CYCLE 3 STARTS AFTER E WAVE OF CYCLE 2:
5. New cycle usually starts July-August and Ends in January or the opposite
BTC CYCLE 1,4 & 6 Started in January and Ends in July/August
BTC CYCLE 2,3 & 5 Started in July/August and Ends in January
MORE INFO ABOUT THE 6 BITCOIN CYCLES (UPDATED 6/6/2018)
Summary:
snag.gy/QALxeC.jpg
Jan 2013 - July 2013 (CYCLE 1)
July 2013 - Jan 2015 (CYCLE 2)
Aug 2015 - Jan 2016 (CYCLE 3)
Jan 2016 - Aug 2016 (CYCLE 4)
Aug 2016 - Jan 2017 (CYCLE 5)
Jan 2017 - July 2018 (CYCLE 6)
According to the Average change% = 1000% + average days for impulsive waves = 159, we can expect Bitcoin to reach 50k by Jan 2019 as Bitcoin is heading towards 5 - 5.5k.
Note this can only happen if the CARTEL don't suppress the Bitcoin price.
RISK DISCLOSURE:
Please note that this is purely Educational purposes only and not as Individual Investment Advice. If you choose to follow the above techniques you do so at your own risk after giving thorough and reasonable thought and consideration to your actions and their potential consequences
1. We had 3 Triangle Correction Patterns and 3 Zigzag Correction Patterns. Triangle pattern or ABCDE correction completes near to the Support line drawn from the start of the Cycle. Same happens with the Zigzag correction pattern
2. E Wave of ABCDE Starts slower and crash towards the Support line mentioned above after the major support line is broken (See Red dotted line)
BTC CYCLE 1 E WAVE:
BTC CYCLE 2 E WAVE:
3. If this applies to the current cycle then crash will start around 7k
BTC CYCLE 6 E WAVE:
4. New cycle will start with Impulsive waves 1-5 once the ABCDE correction is completed
BTC CYCLE 2 STARTS AFTER E WAVE OF CYCLE 1:
BTC CYCLE 3 STARTS AFTER E WAVE OF CYCLE 2:
5. New cycle usually starts July-August and Ends in January or the opposite
BTC CYCLE 1,4 & 6 Started in January and Ends in July/August
BTC CYCLE 2,3 & 5 Started in July/August and Ends in January
MORE INFO ABOUT THE 6 BITCOIN CYCLES (UPDATED 6/6/2018)
Summary:
snag.gy/QALxeC.jpg
Jan 2013 - July 2013 (CYCLE 1)
July 2013 - Jan 2015 (CYCLE 2)
Aug 2015 - Jan 2016 (CYCLE 3)
Jan 2016 - Aug 2016 (CYCLE 4)
Aug 2016 - Jan 2017 (CYCLE 5)
Jan 2017 - July 2018 (CYCLE 6)
According to the Average change% = 1000% + average days for impulsive waves = 159, we can expect Bitcoin to reach 50k by Jan 2019 as Bitcoin is heading towards 5 - 5.5k.
Note this can only happen if the CARTEL don't suppress the Bitcoin price.
RISK DISCLOSURE:
Please note that this is purely Educational purposes only and not as Individual Investment Advice. If you choose to follow the above techniques you do so at your own risk after giving thorough and reasonable thought and consideration to your actions and their potential consequences
ملاحظة
ملاحظة
Looks like BTC Finally started the scariest Wave of all ((iii)) with 2 confirmations . If BTC goes down below 7k then its fully confirmed as this is the starting point of wave ((ii)) ملاحظة
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.