pejman_zwin

Bitcoin Analyze (Cycles)!!!๐Ÿ”„

pejman_zwin ืžืขื•ื“ื›ืŸ   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi, today I decided to speak about similar cycles that can happen on Bitcoin. these cycles are verifying the way of my previous posts.

Bitcoin Analyze ( BTCUSDT ) Timeframe Dailyโฐ

Location๐ŸŒŠ: about the location of Bitcoin, please read my post with the topic ''Bitcoin Analyze_Road Map๐Ÿ—บ๏ธ(Update)!!!''.

Cycles๐Ÿ”„: we have 4 cycles on my chart, cycles 1&3 are Ascending, cycles 2&4 are Descending.

Cycle 1:

Starting price: 29420$

Final price: 64854$

start date: 27 Jan 2021

End date: 14 Apr 2021

Cycle time: 77 days

Price growth: 35612.28$ (121.79%)

Cycle 2:

Starting price: 64854$

Final price: 29278$

start date: 14 Apr 2021

End date: 20 Jul 2021

Cycle time: 97 days

price reduction: -35576$ (-54.86%)

Cycle 3:

Starting price: 29278$

Final price: 52920$

start date: 20 Jul 2021

End date: 7 Sep 2021

Cycle time: 49 days

Price growth: 23642$ (80.75%)

Cycle 4:

Starting price: 52920$

Final price: โ“โ“ $

start date: 7 Sep 2021

End date: โ“โ“

Cycle time: โ“โ“ days

price reduction: โ“โ“ $ (โ“โ“ %)

๐ŸŽฏThe aim of this post๐ŸŽฏ: finding question marks for Cycle 4.

for finding answers, I tried to check out the times and prices for cycles :

Price growth cycle 1/Price growth cycle 3 = 35612.28$/23642$ = 1.5063

Price (percentage) growth cycle 1/Price (percentage) growth cycle 3 = 121.79%/80.75% = 1.508

Cycle time 1/Cycle time 3 = 77 days/ 49 days = 1.5714

From high ratios, we can know that number๐Ÿ‘‰ 1.5 ๐Ÿ‘ˆ can be a key Coefficient for Calculations required for cycle 4. I used from 1.5 for finding a final price, end date, cycle time, and price reduction of Cycle 4.

price reduction: 35576$/ 1.5 = 23717$

price reduction (percentage): -54.86%/1.5 = -36.57%

cycle time : 97 days/1.5 = 64.66 day == 65 day

final price: 33400$ until 28900$ โžก๏ธ this zone is following my post that I published on Aug 23, topic ''Bitcoin Analyze ๐Ÿ—บ๏ธ๐Ÿ”ฅ(Counting Waves + Road map+ Long-term)๐Ÿ”ฅ๐Ÿ—บ๏ธ''.

end date: around 11 Nov 2021 ( probably on Nov or Dec 2021) โžก๏ธ these dates are following my post that I published on Aug 23, topic ''Bitcoin Analyze ๐Ÿ—บ๏ธ๐Ÿ”ฅ(Counting Waves + Road map+ Long-term)๐Ÿ”ฅ๐Ÿ—บ๏ธ''.

also, I set fan principle on our cycles and I tried to find the degree between lines of fan principles by key Coefficient ๐Ÿ”ฅ1.5๐Ÿ”ฅ, we can follow Bitcoin with this pattern.

The degree between line 1 & line 2 (red lines) = 17ยฐ

The degree between line 1 & line 2 (Blue lines) = 17ยฐ/1.5 = 11.33ยฐ== 17ยฐ

in addition, we have the same Downward trends line's Degree on cycles 2 & 4 on RSI ๐Ÿ‘‡

Note: if the price can break my important Downward trend line == my scenario will fail.

โ—๏ธSignโ—๏ธ: if you remember that when we were at around 36000$, Bitcoin touched 48168$ on BITCOIN / TETHERUS PERPETUAL FUTURES, and finally price arrived itself to this amount, yesterday we saw the same happens, and Bitcoin dropped down from 52000$ to 42800$, probably Bitcoin will arrive at 42850$ again๐Ÿ‘‡

My Suggestion: you can follow my lines. probably my lines will work and help us๐Ÿ‘๐Ÿ˜‰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.

Please do not forget the โœ…'like'โœ… button ๐Ÿ™๐Ÿ˜Š & Share it with your friends, Thanks, and Trade safe
ื”ืขืจื”:
Bitcoin Analyze_Road Map๐Ÿ—บ๏ธ(Update)!!!
ื”ืขืจื”:
Bitcoin Analyze ๐Ÿ—บ๏ธ๐Ÿ”ฅ(Counting Waves + Road map+ Long-term)๐Ÿ”ฅ๐Ÿ—บ๏ธ
ื”ืขืจื”:
my analysis is running well, will Bitcoin break our important downward trend line or NOT?
ื”ืขืจื”:

RSI Updateโ—๏ธ

Even, I did not delete my line ๐Ÿ˜€๐Ÿ˜Ž

๐Ÿ‘‘Free & VIP Signals: t.me/ProTrader_365

๐Ÿ“šif you want to learn Technical Analysis = Please Contact me
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