this is a trough to trough hurst cycle analysis as requested. 43 week cycle and other smaller cycles show the bottom is already "in". pls take a look at the wave II (april 12?). the cycles show exactly where and why it crashed. there were 5 cycles ...

Bitcoin technical analysis

hello venzen, thanks! you've got some great charts too. i need to catchup with your way of thinking we are all familiar with the peak to peak cycle. the charts are based on hurst cycle and show more cycles of smaller and larger duration. we found ...

Bitcoin technical analysis

image

Bitcoin technical analysis

there is 5 months of stored energy in compressing this triangle "spring". it will be released! image i noticed there is alternation in successive phase transitions small>large>small>large? image

Bitcoin technical analysis

good morning LL, the cycle peaks are the "heart beat" of bitcoin. it is constant like any other market. the dow has a 4 year heart beat or cycle i believe and many other markets have their own unique cycle signature. yes degrees can change but the ...

Bitcoin technical analysis

i know many of you are hoping for a dramatic drop but that will not happen because we are running out of time. the market needs 10 weeks to perform a phase transition. there is no TIME remaining! if i were you, i would cut my losses NOW before it's ...

Bitcoin technical analysis

i don't know where that page is! ok... lets just calculate a target for wave 5/III for bitstamp (wave 0 is the beginning of wave 1) wave 0 = 45 wave 3 = 1163 wave 4 = 339.79 wave 5 = ? i think wave 5 will be powerful and extended so it should be ...

Bitcoin technical analysis

i have to check it; can't remember off the top of my head. i also need to calculate wave 5 using another method.. check this pattern... looks like a butterfly pattern, yes? the CD need to be longer. and B need to be less deep.. close enough ! ...

Bitcoin technical analysis

nice work kingtour. market is unusually trading all the way to the apex which is strange! i was connecting wave 1 and wave 3 of the same degree to draw the upper channel line and i was surprised it intersect exactly at the 10,000 USD level with the ...

Bitcoin technical analysis

thank you venzen; just a small clarification. i believe we are exiting the base and moving into a phase transition. the base was the range between 1163 and 339 and everything in between. that was the base building process of about 5 months.......... ...

Bitcoin technical analysis

image i marked the "base" and "phase transition" areas on the chart.... we built a 5 month base and i belive we are in the early stages of a phase transition image

Bitcoin technical analysis

this is my count for BTC China image image estimate 80K CNY

Bitcoin technical analysis

thank you venzen; i think you just found a problem with the x-axis! it's not linear! its random! it's not even log scale... i don't know what it is! the good news is we get to touch 10K level a month earlier that's even better!

Bitcoin technical analysis

for anyone unfamiliar with the above chart with the 2 blue triangles....... it is called harmonic trading. the above pattern is a bat pattern. there are many patterns to choose from bearish/bullish. it's quite interesting. it's all about the fibs ...

Bitcoin technical analysis

hello venzen, that blue number is 470........... yes seems like it, days between peeks. remember we did similar calc some time ago but i have no idea how we got july something... thats like a month early!

Bitcoin technical analysis

im getting a high by the end of august.... estimating 9K to 10K according to the TL work by venzen image feels like it is related to the crashing of the global stock markets and a massive move by gold/bitcoin

Bitcoin technical analysis

you like triangles? ok! daily btc-e image bottom is in.... buy!

Bitcoin technical analysis

"only in russia" can that happen... nowhere else!

Bitcoin technical analysis

that's true! i forgot about that... my memory is really bad i can't even remember my own birthday! in that case i was comparing it to a generic wave 5 on the gold chart - i have no idea what degree that was. i want to compare the same degree waves ...

Bitcoin technical analysis

venzen, i couldn't find any data i can use on gold. i need some numbers from the roman empire or atleast when the british pound became a reserve currency. i need data on the early days of gold trading to compare it to bitcoin. gold is generations ...

Bitcoin technical analysis