Introduction
On last September 28th I found with some help of Timing Solutions software an echo from the past ( a cycle with a lag of 593 days) that hinted at a crash like move for $BTCUSD late 2021.
In hindsight the cycle projected could have been more accurate at a lag of 630 days that aligns very nicely with the tops and bottoms from the recent past.
A Gann Master Cycle in Bitcoin?
I do not really know (yet) if the cycle of 630 days from the past is a natural cycle for Bitcoin or a single phenomena. I have found one instance over 60 years ago for a 630 days cycle and that is very close to the Gann Master Cycle I am following. This makes it very interesting to see this cycle unfolding further. Is Bitcoin also following the Gann Master Cycle?
A similar downslide of the bear market of 1962 started around Sun 72° Helio, like yesterday Bitcoin heavily fell at Sun 72° Helio as well. It could be an echo from 630 days ago ( a traders memory?) , but the similarity with the start of the bear market in 1962 at the same moment in the year is striking. It could be a coincidence as we need more evidence for the cycle to repeat.
Planetary Aspects
The interesting aspect is that Bitcoin fell on Dec 4th 2021 on Sun 72° and that it bounced off on the price of 43200 which price is also on a 72° angle as well. Although during the day Bitcoin fell hard to a low of 42101 before closing at 49272.
I do not trade in Bitcoin but the angle and support level would have been truly a Gann like target if you had traded on this cycle. Note that the 72°was on the 24 wheel as shown here below. Price and time were balanced at 43200.
Geometry view
Likewise the geometry of recent market behaviour on bitcoin also seems to hint that the end of a cycle is near and a new cycle could begin. Perhaps it already has.
There are quite some important planetary aspects on recent pivot high and lows (see below chart) that started a new trend. With an absence of similar aspects on an expected low early December I would be very careful for stepping in too early and wait for a confirmation. No advice though.
Remember the sign at the railroad crossover : “another train is coming, if (red) lights continue to show”.
Some caution with Bitcoin again
On important cycles like the Gann Master Cycle and the 90 year cycle it could be possible that investors dump every asset all at the same time. In particular if an anomaly occurs. It is possible that Bitcoin could follow these large cycles as well.
Moreover regulatory forces might restrict using Bitcoin as a digital currency going forward or make it illegal; like what is happening currently in China. If this spreads across the world this may be very bearish for Bitcoin. So take care a “Tulip Mania” or another anomaly can always happen again.
Disclosure: No positions at the time of writing. Read our full disclaimer.
Bitcoin in Stock Market Outlook 2022
In my stock Market Outlook for 2022 I will publish my projection for 2022 on BTCUSD as well. If you are interested in the Bitcoin analysis for next year send me your interest in this publication on reply to this post or email. I will let you know in the next two weeks when and how you can purchase this publication. The publication will see light at the end of this year or first week of 2022.
The price for the annual outlook is set at $34 (USD) and if you purchase an additional monthly update at $9.99 (USD) (which monthly price will be a 50% discount from the regular (monthly) price. All prices excluding VAT ( if your country or region demands a VAT).
Interested in the 2022
I am interested. Thank you!