Cycle Continuation Analysis Ideas - Bitcoin Analysis Long Term
Updated
Following from previous discussion this cycle analysis takes a closer look at the relationship of previous cycles to calculate possible trajectories for future PA.
It is, at the end of the day, unknown where the value of BTC will end up, and this PA is definitely bullish in sentiment. However I am long term hodler and believer in Bitcoins overall success, so bias is evident here. I can always attempt a bearish outlook should anyone care to see it. The chart at least makes sense from a long view market perspective - lengthening market cycles punctuated by increase price floors which decrease in percentage increase each time. the flattening curve as Bitcoin finds its equilibrium in price.
Interested in all thoughts and opinions on this however keep in mind it is a bit of fun looking at past action and what could be!
"We will not find a solution to political problems in cryptography, but we can win a major battle in the arms race and gain a new territory of freedom for several years."
It is, at the end of the day, unknown where the value of BTC will end up, and this PA is definitely bullish in sentiment. However I am long term hodler and believer in Bitcoins overall success, so bias is evident here. I can always attempt a bearish outlook should anyone care to see it. The chart at least makes sense from a long view market perspective - lengthening market cycles punctuated by increase price floors which decrease in percentage increase each time. the flattening curve as Bitcoin finds its equilibrium in price.
Interested in all thoughts and opinions on this however keep in mind it is a bit of fun looking at past action and what could be!
"We will not find a solution to political problems in cryptography, but we can win a major battle in the arms race and gain a new territory of freedom for several years."
Note
Note
Note
Zoom in on this idea, still following recent example trend to overall goal. Significant resistance ahead. Cycle still on track to end Late MarchNote
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.