Bitcoin's 3 Market Cycles: Time & Price Analysis

2019년 1월 1일

*updated

+ Using monthly timescale, not weekly for clarity
+ Using the 7 and 50 MAs (moving averages). Why? Above the 7 has previously confirmed a bull run has began and the 50 has shown strong support in a bear market

Why did I make this?

I wanted to clearly display the data of the past and present bear markets and past bull runs and let the viewer draw their own conclusions and I was also tired of seeing so many ridiculous "hope charts" that are basically the current chart with an arrow pointing up at the end.

A few other thoughts:
Your hope will NOT make Bitcoin's price increase.
Any news will NOT make Bitcoin's price increase.
Fundamentals will NOT make Bitcoin's price increase.

If you see any mistakes or anything interesting you wish to discuss, fire away.

Thanks for viewing.

2019년 1월 2일

노트

Labels were mixed up and RSI section too big, will be changed for next month's update. For now:

2019년 4월 23일

노트

*updated - changed disgusting colours and added support line for RSI. Beautiful!!

2019년 8월 9일

노트

2019년 8월 9일

노트

The above is the latest post regarding this chart, all updates will be posted there. Simply click on the chart to open post. Thanks.