Topic: Bitcoin Trading Cycles - page 3. (Read 13817 times)
Bitcoin has its own cycle but there is no fixed pattern as it is always depending on the supply and demands. You may follow the cycles to predict the future price but it wont be that easy. Bitcoin is still the most unpredictable asset, no one knows when it will rise or down at the exact time.
I don't think that bitcoin is following any cycle because every day there's a different pattern that you can see in the graphs. I don't know if you can call the bearish and bullish market a bitcoin cycle.
Does Bitcoin trading follows any cycles?
Came across this article: https://mktcycles.blogspot.com/2019/03/bitcoin-cycles.html
Any thought?
Bitcoin movement on next days or months.
This is why i dont really rely too much on charts patterns yet all movements are random on crypto specially with Bitcoin.
there are cycles in bitcoin like there is in any other market in the world that has ever existed. but the important thing to remember is that you can never rely on these cycles and think it should be repeated each time the same way as it was repeated in the past. unfortunately nowadays because of the similarity of the current "cycle" of the past 2 years compared to the "cycle" that happened from 2013 to 2016 people are starting to think it is reliable and should be repeated the exact same way. and many of these clickbait sites like the one you posted here are posting misleading articles about this.
I don't know what cycles, but I only know bitcoin always go to up and down in every day.
From the links, that shows to us bitcoin is not always in the up line but sometimes stay in the down the line.
But here is the interesting part, when supply decreased, and demand will increase, the price will increase. That is the economic law which I know. So when the supply of bitcoin was decreased in the next halving and the demand for bitcoin increase, then the price will increase.
But as we don't know how long the line will be at the up line or down the line, we should enjoy the journey and stay survive, and it is hard to see when the bull or bear market will come. But for this year, we have a chance to see the bull market will appear.
From the links, that shows to us bitcoin is not always in the up line but sometimes stay in the down the line.
But here is the interesting part, when supply decreased, and demand will increase, the price will increase. That is the economic law which I know. So when the supply of bitcoin was decreased in the next halving and the demand for bitcoin increase, then the price will increase.
But as we don't know how long the line will be at the up line or down the line, we should enjoy the journey and stay survive, and it is hard to see when the bull or bear market will come. But for this year, we have a chance to see the bull market will appear.
There's only a little explanation in the link shared, but in my understanding it signals a bullish trend?
IMO, crypto always follow the cycle, and we experience a long drought, but this year I'm very optimistic that we will see more bullish than bearish trend.
IMO, crypto always follow the cycle, and we experience a long drought, but this year I'm very optimistic that we will see more bullish than bearish trend.
There are only 2 trend on crypto market , bullish and bearish. Before enter to crypto market we should be first analysis the trend of Bitcoin because all altcoin will follow the trend of BTC. If BTC bullish so that will be more bullish for altcoin. With low capitalization , all price of crypto can be going up multiple times in the long run.
Does Bitcoin trading follows any cycles?
Came across this article: https://mktcycles.blogspot.com/2019/03/bitcoin-cycles.html
Any thought?
As you can see in the pattern charts there is a continues moving of bitcoin in every moment. That means that bitcoin trading has no real pattern. There is a time or a day neither a month that bitcoin's price will change so this is the great challenge in trading activity. And the question is how long did you hold your bitcoin in that time of cycle or pattern.
Everything in the world has its circle. Is it fashion or cryptos, it has its ups and downs. After every top it follows a drop and after the drop it nothing stays besides to go up. Sounds a little bit philosophical, but it's true.
Does Bitcoin trading follows any cycles?
Came across this article: https://mktcycles.blogspot.com/2019/03/bitcoin-cycles.html
Any thought?
Cryptocurrency doesn't follow any cycles out there, because this can stand firmly in accordance with everyone's support for Bitcoin, yes of course it's true that Bitcoin has its own cycle but is not tied to weather which is illogical to me, the market goes according to the level of trade every day, more and more adoption will make crypto good and be liked by most people, so that my current outlook after many years behind the outside cycle will not be too influential on the crypto market.
But people quickly lose because of false news there.
Does Bitcoin trading follows any cycles?
Came across this article: https://mktcycles.blogspot.com/2019/03/bitcoin-cycles.html
Any thought?
Arghh, I wish that you upload some Bitcoin price cycles in longer timeframe and show some change in fundamentals - I'm thinking about for example Bitcoin block reward halving, etc.
That will show why there might happen.
Does Bitcoin trading follows any cycles?
Any thought?
Any thought?
Of course. Like any other asset, Bitcoin experiences supply/demand imbalances that result in bullish and bearish cycles. Wyckoff's theories on markets weigh heavily in my analysis, and Elliott Wave theory has its place as well. In both cases, we expect a bearish correction phase to follow a bullish trend phase, and vice versa.
I'm hesitant to assume this bearish cycle will play out exactly like the 2014-2015 one, but I do think it'll bear some resemblance.
Does Bitcoin trading follows any cycles?
Like for example Zcoin there is a big price jump in the past weeks ago after they announce about Debit/Credit card which gives a big impact to the price of zcoin.
So in bitcoin, it is not following any cycles.
When viewed from the current performance, a significant increase has the potential to occur if it is based on a repetitive four-year cycle, namely the reduction in the bitcoin reward so that the price is higher. Keep in mind that the price of bitcoin is determined like the principle of supply and demand among miners.
Going through the link above, I like the confirmation that bitcoin is not affected by any underlying factor of economics, geographical conflicts nor politics.
Thus, deducing from that is, is most likely it has its own circle and looking at the graphs, I think the circle is the trend.
Thus, deducing from that is, is most likely it has its own circle and looking at the graphs, I think the circle is the trend.
Does Bitcoin trading follows any cycles?
Came across this article: https://mktcycles.blogspot.com/2019/03/bitcoin-cycles.html
Any thought?
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