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Topic: How to predict the start of a new Bull Market using a data driven model (Read 239 times)

member
Activity: 686
Merit: 11
This project looks great.
Nevertheless, it is necessary to take into account that the market has unpredictable phases and amplitudes of fluctuations. It depends on the fundamental indicators, and on the crypto market. And also data sample is still small to create statistics with large time intervals.
full member
Activity: 350
Merit: 112
Ecosystem for Fundraising DAOs — ICOs 2.0
History doesn't repeat itself. We could even see bitcoin testing new lows before going up again but your model can help people to gauge how close the market is bottoming. Another way to gauge market bottom is when the crypto market is boring and many people have already cut their losses.
indeed history does not repeat itself, but history will not change and from that we can learn and analyze to conclude what happens in the future.

History might indeed not repeat itself one by one, but it does rhyme, according to leading economists. In fact many financial experts like Peter Schiff made mistakes predicting the future (stock market collapse) by examining past events and taking them into context. If we get a stock market crash this year, then his methodology was right, he was just a off with the timeline.

All in all I think it's better to rely on data than on endless speculation that is rooted primary in our minds.
jr. member
Activity: 294
Merit: 1
History doesn't repeat itself. We could even see bitcoin testing new lows before going up again but your model can help people to gauge how close the market is bottoming. Another way to gauge market bottom is when the crypto market is boring and many people have already cut their losses.
indeed history does not repeat itself, but history will not change and from that we can learn and analyze to conclude what happens in the future.
full member
Activity: 350
Merit: 112
Ecosystem for Fundraising DAOs — ICOs 2.0
History doesn't repeat itself. We could even see bitcoin testing new lows before going up again but your model can help people to gauge how close the market is bottoming. Another way to gauge market bottom is when the crypto market is boring and many people have already cut their losses.

Isn't that the case already now? At my almost workplace everyone talked about crypto 6 months ago, then it was quietening down and now people moved on and rarely talk. Also the volume is low and google trends show record low search requests for all block chain related terms. If this is not the bottom than I don't what else needs to happen.
jr. member
Activity: 196
Merit: 2
History doesn't repeat itself. We could even see bitcoin testing new lows before going up again but your model can help people to gauge how close the market is bottoming. Another way to gauge market bottom is when the crypto market is boring and many people have already cut their losses.

Market isn't predictable, but Technical Analysis rely on previous support and resistance areas for future ones, this for me is the predictability of the market. A bull run is definitely on the horizon...BTC might even test new lows before this happens. Let's be optimistic
legendary
Activity: 1302
Merit: 1018
Cashback 15%
History doesn't repeat itself. We could even see bitcoin testing new lows before going up again but your model can help people to gauge how close the market is bottoming. Another way to gauge market bottom is when the crypto market is boring and many people have already cut their losses.
Definitely right and was supposed to say the same thing which History doesn't repeat and its not a sure thing even though we do see its previous price path but doesn't mean it would guaranteed to happen once again but I would say sooner or later there would really be a possible recovery because not all the times market would be like this which is on dump state. We might see a growth but this would be a slow and on gradual aspect I believe.
newbie
Activity: 280
Merit: 0
If market is predictable no one can ever loses. But then all of us hopes that the market will uprise. Let's see what will happen all of us just waiting and hoping that it back to track.
sr. member
Activity: 994
Merit: 257
Nice analysis and it is nice seeing someone defending their position with actual data, and while I find this interesting at the same time for long term holders that is not really a problem, we know there is going to be another bull market in the future, we do not know when but as long as you keep holding your coins then you will be here to get all the profits, so predicting the next bull market is only a problem for traders.
member
Activity: 434
Merit: 14
You did a good analysis..I agree with you..When we look at the graphics in the past years, I think it will be the same thing this year.
legendary
Activity: 1344
Merit: 1000
History doesn't repeat itself. We could even see bitcoin testing new lows before going up again but your model can help people to gauge how close the market is bottoming. Another way to gauge market bottom is when the crypto market is boring and many people have already cut their losses.
newbie
Activity: 196
Merit: 0
Lot's of people are currently worried and think about leaving the market.

People saying that alts go to zero and it's game over for Bitcoin or the previous atm will never be reached again.

After reading this you will come to the conclusion that there is no reason for that at all.

I am sharing here a model used to calculate the average time between Bull and Bear Markets as well as the percentage of the Bitcoin price increase during the bull run and the decline following the Bear Market.

It is called Predictive Analytics, and based on examining historical data, identify patterns and predict the future.

You can use this analysis to precisely predict the next Bull run and the approximate price appreciation.

Price Appreciation vs Depreciation in Bull vs Bear Markets


In the recent years Bull Runs the price of Bitcoin increased by 2900%, 1000%, 995%, 1950%
On average the price appreciation of Bitcoin was: 1698%

In the following Bear Markets the price of Bitcoin decreased by 93%, 72%, 72%, 68%
On average the price depreciation of Bitcoin was: 76%

Average Timelines of Bull and Bear Markets  

Average duration of Bull Markets in recent years: 420 days
Average duration of Bull Markets in recent years: 315 days

Duration of current Bear Market: 222 days

Mathematical projection of new bull market: 92 days

Based on this model it is likely we will see a new bull market start on 15.11. 2018

Now this is not speculation, but a predictive analysis based on historical data.

The data points to 2 main conclusions.

1. During a Bull Market the prices increase significantly more than they decrease during a Bear Market.
2. Once a cycle changes it takes a lot of time for a reversal, during these times the value consistently increase or decreases

Looking at this model, there is no reason for any panic, we are well with the parameters.

In the past the market has always recovered, in other words after a long bear market there was always a new bull market, It is normal that after a 6 months bear market people are starting to loose hope. But if you look at the data 6 months are not that long.

I hope this helped you to get some hope and a more positive outlook.

(In case it did you give a more positive outlook I would welcome some merit, thanks)









explaining the bull run is easy :
Bull run is when panic sellers stop selling they're bag low and the whales are all in Long
sr. member
Activity: 1260
Merit: 251
your analysis is very reasonable and easy to understand, I agree with you that history is important. if we always see it, then we will know that the pattern is always the same.
member
Activity: 462
Merit: 11
Still even with the data that you have presented it is still a 50/50 percent chance that it will have a bull run in December and the speculation of some people having a dip in prices this month came out true but what we can only do now is be ready in the bull run the is yet to come whether it will be sooner or whether it will come until next year.
full member
Activity: 350
Merit: 112
Ecosystem for Fundraising DAOs — ICOs 2.0
I also don't know if data driven models work in crypto but it's probably better to rely on data than your gut feeling,  instincts or emotions. I did this in the past the outcome was not something very fruitful,  to put it lightly
pey
sr. member
Activity: 546
Merit: 251
Free Crypto in Stake.com Telegram t.me/StakeCasino
I think you can be right, we will see it. I don't know if data driven models work well for crypto, we'll see.
newbie
Activity: 89
Merit: 0
I think this is impossible. If the market is predictable. Then you can only rely on intuition. Otherwise there will be no ups and downs.
full member
Activity: 546
Merit: 105
your predict in november will be a bull run, so many my friend predict thats november will be a green and green for cryptocurrency...i hope its happen before october
Yes, we all will hope for it! We are all very tired of the endless fall of the market and we already want growth. Therefore, we pray and hope that in November the market will be green
full member
Activity: 406
Merit: 100
BAILOUT
Though it is data driven it may be wrong but the date for next bull run seems very reasonable for me. Not too late also not early.
member
Activity: 350
Merit: 11
your predict in november will be a bull run, so many my friend predict thats november will be a green and green for cryptocurrency...i hope its happen before october
prediction differs, because no one is really know what it is going on in the future. Focusing on the instant fluctuation is more practical
sr. member
Activity: 2506
Merit: 328
I mean, I completely believe there will be another bull market at some point, but I can't help but think of the phrase you common hear over and over again in relation to traditional investments:

"Past performance does not necessarily predict future results."

Just because previous bear markets have lasted x amount of time, does not in any way mean this one will be a similar length of time.
Market wont really have bear market forever and time comes sooner or later there would be a bullish trend or rather a gradual increase of prices on most coins in the market.
Cryptocurrency do have that big potential for long term and we know that but the thing that put us on hesitations is on the volatility itself and this is why we do really think and giving out negative speculations.
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