BlockchainSpecialists

BlockchainSpecialists

As things continue to look bearish for BTC - I thought I'd take a step back any try analyse BTC with a more macro and cyclical outlook. Taking into account the next halving event occurring in mid/late March 2024, and the respected logarithmic growth curves of the asset - we can use the bar pattern of one of our previous cycles beginning in Sep 2015 and concluding...

BlockchainSpecialists

Unfortunately it seems Bitcoin is following a similar pattern of price action as it did in 2018 during its near 50% correction during a long and drawn out bear market. This consolidation before dropping below support has incredible similarities, and could come into fruition within the next few weeks if price action continues this way. Especially considering the...

BlockchainSpecialists

Here's an interesting fractal of Gold & Bitcoin, I can't take sole credit as this idea was first brought to my attention by @Azominfinite on Twitter, I suggest giving him a follow! But a deep dive into the fractal shows pretty interesting comparisons In 1975, Gold peaked at $1.2T market cap, before a 50% drop, and continuing it's rally until it peaked at a $5T...