Quote from: exstasie on December 05, 2019, 09:11:31 PM

Quote from: buwaytress on December 05, 2019, 08:35:12 PM

All right, I'll bite. So history says this is the best time to buy for the four-year cycle, and yet we've only had that one time (2014/15) to look back on

In fact, the projection doesn't respect the 2015-2017 cycle. We already dropped to the 4-year MA late last year, so immediately dropping back there again suggests something very different is happening this time.

Technically we dropped down to the 200 Week MA, but we didn't reach the 4 Year MA that was slightly lower. Arguably we haven't made contact during this current cycle, even if it was close enough that it might as well of been considered support. Unlike in 2015 when price found support after twice wicking below it.

Quote from: exstasie on December 05, 2019, 09:11:31 PM

Quote from: buwaytress on December 05, 2019, 08:35:12 PM

Only accurate to say one previous such showing resulted in good accumulation buys. Even if we see a repeat this cycle, 2 occurences don't mean anything right?

Two occurrences is considered a coincidence. 3+ is where we can identify patterns.

Agreed. This is the point where I'm not claiming that this TA will happen, but out of the only two occurrences of price being between the 2 and 4 year MA's, both times were good for accumulation, hence the MA's are claiming that Bitcoin has entered an accumulation phase - not me personally speaking.

It would also still require for this to be true for 2019 in order for this to be a consistent pattern. At present, it's pure speculation.

Quote from: dragonvslinux on December 05, 2019, 10:37:25 AM

+1 as no smerit.