The Bear-inator
The Bear-inator or Bear market curve is a new theory i've been building upon while waiting for BTC to moon ! The general basis of this curve is the identification of similarities in each bull run and the potential indication that it points too .
I spent a while educating myself on the previous runs and noticed big wicked gaps creating a gapped like approach to each run. I had also noticed that most runs ended with a retest of resistance before plummeting to a low. I now identified similarities between runs however i had no way of linking these two ideas until ...
I discovered that pulling a curve from the 'pre-run gap' gave an indication to the current conditions to the market while also giving an indication as to where the marjor resistance may lie in the future. While this theory is yet to be tested in the future , it has been backtested on all previous runs ( par the black swan event ) and the same gap like features gives similar results.
Now while this is a good indicator in hindsight , we have started to follow the same pattern of gapping and ive noticed a few more similarities between this run and a previous run ! The 2018 run and the 2017 run both start with a wider distance from the curve and both result in a parabolic like leg. This gives me hope to a very bullish future while also potentially highlighting areas to watch for the future .
I will continue to monitor this idea and update it monthly while i continue to expand my knowledge - Oliver :D
I spent a while educating myself on the previous runs and noticed big wicked gaps creating a gapped like approach to each run. I had also noticed that most runs ended with a retest of resistance before plummeting to a low. I now identified similarities between runs however i had no way of linking these two ideas until ...
I discovered that pulling a curve from the 'pre-run gap' gave an indication to the current conditions to the market while also giving an indication as to where the marjor resistance may lie in the future. While this theory is yet to be tested in the future , it has been backtested on all previous runs ( par the black swan event ) and the same gap like features gives similar results.
Now while this is a good indicator in hindsight , we have started to follow the same pattern of gapping and ive noticed a few more similarities between this run and a previous run ! The 2018 run and the 2017 run both start with a wider distance from the curve and both result in a parabolic like leg. This gives me hope to a very bullish future while also potentially highlighting areas to watch for the future .
I will continue to monitor this idea and update it monthly while i continue to expand my knowledge - Oliver :D
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