BitcoinLargo
Bitcoin 4 years, 16 days delay, double bottom repeating pattern.
Actualizado
Bitcoin has historically every 4 years gone on a massive bullrun, the fundamental reason for this is up for debate, perhaps it is the halving, I don't care.
What is important to me is this pattern, and what we can notice in it. What we can see in this pattern is that historically the parabolic run of the cycle, which will put in the parabolic peak, has always begun right after a double bottom pattern. This double bottom pattern is formed to thin the orderbooks, and get ready for a massive run. Both early longs, and people shorting a imaginary huge reversal.
What we can see in this double bottom, is that in 2013 it occured on 25 October, followed by 35 days of bullish price movement to the top.
In 2017, we also formed this double bottom before having 35 days of bullish price movement to the top. But what can we take from this as well? The double bottom was formed on November 12th, 16 Days from the date after which it had formed in 2013.
So that puts us in 2021, what can we SEE?
We've just put in a double bottom on November 28th, NOVEMBER TWENTY EIGHT. 16 Days after November 12th which is where the bottom formed in 2017.
We are in our final 35 days which will bring our parabolic peak, ending on January 2nd.
Adios.
What is important to me is this pattern, and what we can notice in it. What we can see in this pattern is that historically the parabolic run of the cycle, which will put in the parabolic peak, has always begun right after a double bottom pattern. This double bottom pattern is formed to thin the orderbooks, and get ready for a massive run. Both early longs, and people shorting a imaginary huge reversal.
What we can see in this double bottom, is that in 2013 it occured on 25 October, followed by 35 days of bullish price movement to the top.
In 2017, we also formed this double bottom before having 35 days of bullish price movement to the top. But what can we take from this as well? The double bottom was formed on November 12th, 16 Days from the date after which it had formed in 2013.
So that puts us in 2021, what can we SEE?
We've just put in a double bottom on November 28th, NOVEMBER TWENTY EIGHT. 16 Days after November 12th which is where the bottom formed in 2017.
We are in our final 35 days which will bring our parabolic peak, ending on January 2nd.
Adios.
Nota
Have a look at the thesis explained in video form: twitter.com/PanfuZelda/status/1466528246321664003
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