The Whole Market Is Getting Crushed | Poal: Say what you want.

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Next bump will be in two months from what I can see. Will peak at $78-79k, and then settle down again to $73k.

This is from the six month macrotrend, and yearlies.

Frequency is higher if you look at say October 15th to dec 1st, but with lower variations in peaks and troughs, a horizontal movement, indicating a lot of day trading activity, and noise, as the market decides a direction.

This is as opposed to mid February to early may, which was lower frequency in peaks and troughs more spread out, but with larger relative swings in pricing.

Everythings focused on short term, be it bearish or bullish. Which is why I suspect we see the higher frequency, more horizontal movement in pricing (little movement) in the October to December window. This is the market spinning its wheels and being ambivalent, fighting for gains, before deciding a direction.

The recent plunge looks to be in response to the fed tightening talk, and/or announcements of omicron, but the overall movement to date is positive.

The state pursuing a "covid" surge and more stay at home orders could actually swing either way. More time at home, combine with more stimulus, would mean btc climbing, and actually thats what I think we'll see. People participating, investors even, will see the situation as an opportunity, and relying on optimism or a strong need for things to go back to normal, will push them to delusional hope, which will ironically move the market.

If you look at the one month and the six month, the gains and losses are almost the same.

The late January trough, after the first peak and plateau in mid February to early may? After that it hit a valley, but critically, the new average was always at or slightly above the January trough. Likewise for the trough immediately after the august 1st to September 15th window. Above the average.

If anything it looks like this next trough will be lower than the last, but the frequency intensity will increase, leading to a larger upswing after the trough, one that keeps the trend line at a rough 45 degree angle starting at august 1st.

All of this is just a guess though, and NOT financial advice.

Now if you'd talked to me before and after the chinese ban I would have gloated. Some napkin math, based on guesstimates of their ownership rate, allowed me to calculate the price movement to within a couple hundred dollars. Still have those sheets of paper somewhere.

But maybe I just got lucky.

That or its going for a low somewhere in the $35-39k range, sub 40 anyway.

Next bump will be in two months from what I can see. Will peak at $78-79k, and then settle down again to $73k. This is from the six month macrotrend, and yearlies. Frequency is higher if you look at say October 15th to dec 1st, but with lower variations in peaks and troughs, a horizontal movement, indicating a lot of day trading activity, and noise, as the market decides a direction. This is as opposed to mid February to early may, which was lower frequency in peaks and troughs more spread out, but with larger relative swings in pricing. Everythings focused on short term, be it bearish or bullish. Which is why I suspect we see the higher frequency, more horizontal movement in pricing (little movement) in the October to December window. This is the market spinning its wheels and being ambivalent, fighting for gains, before deciding a direction. The recent plunge looks to be in response to the fed tightening talk, and/or announcements of omicron, but the overall movement to date is positive. The state pursuing a "covid" surge and more stay at home orders could actually swing either way. More time at home, combine with more stimulus, would mean btc climbing, and actually thats what I think we'll see. People participating, investors even, will see the situation as an opportunity, and relying on optimism or a *strong need* for things to go back to normal, will push them to delusional hope, which will ironically move the market. If you look at the one month and the six month, the gains and losses are almost the same. The late January trough, after the first peak and plateau in mid February to early may? After that it hit a valley, but critically, the new average was always at or slightly above the January trough. Likewise for the trough immediately after the august 1st to September 15th window. Above the average. If anything it looks like this next trough will be *lower* than the last, but the frequency intensity will increase, leading to a larger upswing after the trough, one that keeps the trend line at a rough 45 degree angle starting at august 1st. All of this is just a guess though, and NOT financial advice. Now if you'd talked to me before and after the chinese ban I would have gloated. Some napkin math, based on guesstimates of their ownership rate, allowed me to calculate the price movement to within a couple hundred dollars. Still have those sheets of paper somewhere. But maybe I just got lucky. That or its going for a low somewhere in the $35-39k range, sub 40 anyway.

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