Golden Trend丨Knowing history and learning from today, the crazy stage of the market has not yet come

The picture above shows the long-term trend of BTC from 2010 to 2020. Through research, it can be found that the three production halvings are used as the time division point, extending from the lowest point of each previous bear market to the time point of the production halving in each cycle. A period of time, compared with the time period when the market began to fluctuate and rise to the highest point of this round of bull market after halving, we found that in the entire bull market cycle, there are 51% and 49% of the two time periods the golden ratio.

Golden hot search-zce list: XMR tops the list: According to the Golden Finance ranking data, in the past 24 hours, XMR topped the list. The specific top five list is as follows: XMR, QTUM, OMG, AE, XLM. [2020/12/24 16:23:57]

For example, taking the entire bull market cycle as an example, Bitcoin hit the lowest point of the bear market in early January 2015, and it lasted about 546 days until the second production halving in July 2016. Afterwards, BTC continued to fluctuate upward until 17 It rose to the highest level in December 2013. This period of time is about 532 days. The ratio of the two conforms to the golden ratio of 51% and 49%. The first round of bull market from the end of 2011 to 2013 also conforms to this rule.

Golden Finance live report Liu Xiaoying, founder of Eagle Fund: There are five similarities and differences between blockchain investment and classical investment: Golden Finance live report, Liu Xiaoying, founder of Eagle Fund at the 2018 China Blockchain Summit Forum, said that blockchain investment Similarities and differences with classical investment: 1. Blockchain projects connect users, consumers and investors together, opening up the primary and secondary markets; 2. Due diligence and decision-making time of blockchain projects are short, and independent financial institutions have emerged Media, project ratings, investment banking services and other new ecosystems; 3. The post-investment management of classical investment may end after listing on the exchange, but now it starts after listing on the exchange: product launch, project landing, community operation, and currency value management. 4. Real blockchain investment should pay more attention to the ecology and future application of a project, because its value-added space will be very large, such as eth, eos, neo and so on. 5. The investment, financing and exit process of blockchain projects is relatively fast, and Token has strong liquidity, high volatility, and short cycle. [2018/5/20]

From the current point of view, this round of BTC is calculated from the time when the bear market hit a minimum of 3150 US dollars in December 2018 to the third production halving in May 2020. This period of time is about 518 days. According to the golden time division ratio, from Counting from the third halving on May 12, it will take about 504 days and 49% of the time, and the price will rise to the highest point of this round of bull market, probably around October 2021. This round The lowest point of the bull market was started from 3150 US dollars. Even with the sharp drop of 312, it did not make a new low, which is in line with the characteristics of the previous bull market cycles.

Golden Finance Live Report Representative from the U.S. House of Representatives: One of the biggest concerns in Congress right now is that regulation will weaken innovation: Golden Finance Live Report, officially opened today at the Coindesk 2018 Consensus Conference in New York. In a roundtable discussion on blockchain regulation, David Schweikert, representative of the U.S. House of Representatives, said: "When we talk about blockchain, are we talking about a token? Is it being treated as a commodity?" Schweikert believes, One of the biggest concerns in Congress right now is that regulation will cripple innovation, so it might actually be beneficial for regulation to be in a "fog" right now. Right now Arizona is trying to do something different, working on the sandbox. [2018/5/15]

Of course, history will not simply repeat itself, but big data can be studied to predict the general trend in the future. At present, the golden time division ratio of 51% and 49% is still in effect. At present, the overall probability of BTC is still in the intermediate stage of the bull market, and the market will accelerate to catch up to the top in the later stage. The general direction remains optimistic about the market outlook.

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