Bitcoin's cycles strategy revealed
Updated
Hi,
In this chart, one of the main keys of the BTC's waves are the Fibonacci Time zones. As you can see, the blue numbers below (8, 13 and 21) determine each cycle’s All Time High.
Conversely, the two red numbers (8 and 13), coincide with their cycle's All Time Low.
If we apply this logic, around January-February 2020 is expected that BTC will have the 3rd cycle’s ATL, which, by the way, will not be very far away from the one we had in December 2018.
In summary, we’ve got that 5 out of 5 fibonacci time zone numbers predict perfectly each cycle's ATLs and ATHs.
Everybody is very bullish on bitcoin right now which is ok, because will reach +150k in 4 years, but i still think that we are not in the bull trend yet!
This is only my opinion, not financial advice. If you like the chart and would like to support I would really appreciate it.
Take care!
BTC address:
37787AtDVi2TYF8GDWkZ8bNRL2JsUvqidb
In this chart, one of the main keys of the BTC's waves are the Fibonacci Time zones. As you can see, the blue numbers below (8, 13 and 21) determine each cycle’s All Time High.
Conversely, the two red numbers (8 and 13), coincide with their cycle's All Time Low.
If we apply this logic, around January-February 2020 is expected that BTC will have the 3rd cycle’s ATL, which, by the way, will not be very far away from the one we had in December 2018.
In summary, we’ve got that 5 out of 5 fibonacci time zone numbers predict perfectly each cycle's ATLs and ATHs.
Everybody is very bullish on bitcoin right now which is ok, because will reach +150k in 4 years, but i still think that we are not in the bull trend yet!
This is only my opinion, not financial advice. If you like the chart and would like to support I would really appreciate it.
Take care!
BTC address:
37787AtDVi2TYF8GDWkZ8bNRL2JsUvqidb
Trade active
I Would like to update the bars pattern.Bitcoin is going to be stable at these prices for sometime. In the meantime, alts will explode. Then, around August - sept. you all know what will happen.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.