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The golden trend丨The bull market is still continuing and the peak is still far away

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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.

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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.

Analysis | Golden disk: DASH/USD pay attention to the 190 resistance: comprehensive analysis of the golden disk: DASH/USD has completed the confirmation action of breaking the position and retracing, and there is still a certain upside space above, short-term first pay attention to the 190 resistance [2018/8/10]

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 News: According to the quotation of the Bitcoin trading platform Bitstamp, the price of Bitcoin broke through $7,300, setting a new record; however, the price of Bitcoin on the Bitfinex trading platform has fallen to $7,069. [2017/11/3]

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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