Historical Time by Degree Bitcoin Cycles
This kind of analysis is not easy to visualize.
Basically you can see the 22.5,30,45,60 & 90deg cycles (within a ten year cycle) forming over time here.
When the cycles meet there are big moves. Starting date is a bit unclear, I began 45 deg previous to the top of the june 2011 bubble.
Could move earlier to june 2010 bubble if I had that kind of data available.
I THINK this is the furthest back a tradingview chart can go back with bitcoin, if not please enlighten me.
According to this chart, we will see a major bottom March 2020. I would avoid going all in until after this date.
(obviously this chart is a bit rough as I cannot enter decimals of daily bars when placing these cycle tools)
Basically you can see the 22.5,30,45,60 & 90deg cycles (within a ten year cycle) forming over time here.
When the cycles meet there are big moves. Starting date is a bit unclear, I began 45 deg previous to the top of the june 2011 bubble.
Could move earlier to june 2010 bubble if I had that kind of data available.
I THINK this is the furthest back a tradingview chart can go back with bitcoin, if not please enlighten me.
According to this chart, we will see a major bottom March 2020. I would avoid going all in until after this date.
(obviously this chart is a bit rough as I cannot enter decimals of daily bars when placing these cycle tools)
Commentaire:
Just to a further comment to the quality of the cycles because of rounding... as you go back in time the 30 deg (shortest cycle shown) will become very off.. i aligned it to current time rather just to make the chart more visually pleasing.
Commentaire:
I also added the 22.5deg which becomes very off over time, but it give a good round example of the smaller cycles it is creating.
