Bitcoin Lengthening Cycle Theory [March 2022 top] [2013-2014]
Was very skeptical of the "Lengthening Cycle Theory" with more data now at the end of 2021 its looking like a 2013 - 2014 repeat.
Both having a gigantic symmetrical triangle pattern where virtually nothing happens for an entire year.
January will deicide is this plays out or something entirely new happens - short term this is a human psychology chart not a Bitcoin price prediction chart.
2013-2014 Case (Dismissing the wicks out of the range due to the Mt.Gox hack
2021 - 2022 Case
https://www.tradingview.com/chart/BTCUSD/jOivywVb-1356-BITCOIN-Stock-To-Flow-Magical/
Previous moves without lengthening applied with an average of %1356 gain.
Both having a gigantic symmetrical triangle pattern where virtually nothing happens for an entire year.
January will deicide is this plays out or something entirely new happens - short term this is a human psychology chart not a Bitcoin price prediction chart.
2013-2014 Case (Dismissing the wicks out of the range due to the Mt.Gox hack
2021 - 2022 Case
https://www.tradingview.com/chart/BTCUSD/jOivywVb-1356-BITCOIN-Stock-To-Flow-Magical/
Previous moves without lengthening applied with an average of %1356 gain.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.