Astrilian (OP)
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August 15, 2018, 01:12:12 PM Last edit: August 15, 2018, 01:26:58 PM by Astrilian |
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Lot's of people are currently worried and think about leaving the market.
People saying that alts go to zero and it's game over for Bitcoin or the previous atm will never be reached again.
After reading this you will come to the conclusion that there is no reason for that at all.
I am sharing here a model used to calculate the average time between Bull and Bear Markets as well as the percentage of the Bitcoin price increase during the bull run and the decline following the Bear Market.
It is called Predictive Analytics, and based on examining historical data, identify patterns and predict the future.
You can use this analysis to precisely predict the next Bull run and the approximate price appreciation.
Price Appreciation vs Depreciation in Bull vs Bear Markets
In the recent years Bull Runs the price of Bitcoin increased by 2900%, 1000%, 995%, 1950% On average the price appreciation of Bitcoin was: 1698%
In the following Bear Markets the price of Bitcoin decreased by 93%, 72%, 72%, 68% On average the price depreciation of Bitcoin was: 76%
Average Timelines of Bull and Bear Markets
Average duration of Bull Markets in recent years: 420 days Average duration of Bull Markets in recent years: 315 days
Duration of current Bear Market: 222 days
Mathematical projection of new bull market: 92 days
Based on this model it is likely we will see a new bull market start on 15.11. 2018
Now this is not speculation, but a predictive analysis based on historical data.
The data points to 2 main conclusions.
1. During a Bull Market the prices increase significantly more than they decrease during a Bear Market. 2. Once a cycle changes it takes a lot of time for a reversal, during these times the value consistently increase or decreases
Looking at this model, there is no reason for any panic, we are well with the parameters.
In the past the market has always recovered, in other words after a long bear market there was always a new bull market, It is normal that after a 6 months bear market people are starting to loose hope. But if you look at the data 6 months are not that long.
I hope this helped you to get some hope and a more positive outlook.
(In case it did you give a more positive outlook I would welcome some merit, thanks)
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pageraji
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August 15, 2018, 03:02:33 PM |
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your predict in november will be a bull run, so many my friend predict thats november will be a green and green for cryptocurrency...i hope its happen before october
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o_e_l_e_o
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August 15, 2018, 04:03:29 PM |
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I mean, I completely believe there will be another bull market at some point, but I can't help but think of the phrase you common hear over and over again in relation to traditional investments:
"Past performance does not necessarily predict future results."
Just because previous bear markets have lasted x amount of time, does not in any way mean this one will be a similar length of time.
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Bencus
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August 15, 2018, 04:51:03 PM |
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Well, it would be nice, but last December was so great for crypto, because of the hype, that it will change so many things. It didn't. However, it could. There are some genuine great ideas. Howeverm most of the crypto world is just based on wrong ideas in my opinion, and destined to fall.
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Astrilian (OP)
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August 15, 2018, 05:35:35 PM |
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your predict in november will be a bull run, so many my friend predict thats november will be a green and green for cryptocurrency...i hope its happen before october
The date in november is not really the point, no one can predict the exact date. But the reason I shared this is I think many are not aware that the cycles are much longer and therefore the current situation is nothing to worry about. I think if more people would connect these dots then there was less panic and anxiety in this space.
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Leah38
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August 15, 2018, 06:07:40 PM |
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Good day. November is still a long way to go but its good news nevertheless. Still hoping the bull run will come early. The market is covering slowly. Well at least we will be having a merry Christmas by the looks of it. Just hodl. Not selling altcoins at a loss.
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Hamphser
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August 15, 2018, 06:07:45 PM |
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I mean, I completely believe there will be another bull market at some point, but I can't help but think of the phrase you common hear over and over again in relation to traditional investments:
"Past performance does not necessarily predict future results."
Just because previous bear markets have lasted x amount of time, does not in any way mean this one will be a similar length of time.
Market wont really have bear market forever and time comes sooner or later there would be a bullish trend or rather a gradual increase of prices on most coins in the market. Cryptocurrency do have that big potential for long term and we know that but the thing that put us on hesitations is on the volatility itself and this is why we do really think and giving out negative speculations.
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Klovezio
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August 19, 2018, 06:27:18 PM |
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your predict in november will be a bull run, so many my friend predict thats november will be a green and green for cryptocurrency...i hope its happen before october
prediction differs, because no one is really know what it is going on in the future. Focusing on the instant fluctuation is more practical
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nsasuiteb
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BAILOUT
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August 19, 2018, 06:47:11 PM |
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Though it is data driven it may be wrong but the date for next bull run seems very reasonable for me. Not too late also not early.
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AgatioX
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August 19, 2018, 07:00:07 PM |
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your predict in november will be a bull run, so many my friend predict thats november will be a green and green for cryptocurrency...i hope its happen before october
Yes, we all will hope for it! We are all very tired of the endless fall of the market and we already want growth. Therefore, we pray and hope that in November the market will be green
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Pixstxbtm
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August 20, 2018, 07:33:36 AM |
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I think this is impossible. If the market is predictable. Then you can only rely on intuition. Otherwise there will be no ups and downs.
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pey
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August 20, 2018, 08:08:05 AM |
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I think you can be right, we will see it. I don't know if data driven models work well for crypto, we'll see.
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Astrilian (OP)
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August 22, 2018, 11:54:10 AM |
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I also don't know if data driven models work in crypto but it's probably better to rely on data than your gut feeling, instincts or emotions. I did this in the past the outcome was not something very fruitful, to put it lightly
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tenebriscaelum
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August 23, 2018, 01:29:23 PM |
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Still even with the data that you have presented it is still a 50/50 percent chance that it will have a bull run in December and the speculation of some people having a dip in prices this month came out true but what we can only do now is be ready in the bull run the is yet to come whether it will be sooner or whether it will come until next year.
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knuckey
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August 23, 2018, 01:59:17 PM |
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your analysis is very reasonable and easy to understand, I agree with you that history is important. if we always see it, then we will know that the pattern is always the same.
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TACryptoo
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August 23, 2018, 02:16:14 PM |
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Lot's of people are currently worried and think about leaving the market.
People saying that alts go to zero and it's game over for Bitcoin or the previous atm will never be reached again.
After reading this you will come to the conclusion that there is no reason for that at all.
I am sharing here a model used to calculate the average time between Bull and Bear Markets as well as the percentage of the Bitcoin price increase during the bull run and the decline following the Bear Market.
It is called Predictive Analytics, and based on examining historical data, identify patterns and predict the future.
You can use this analysis to precisely predict the next Bull run and the approximate price appreciation.
Price Appreciation vs Depreciation in Bull vs Bear Markets
In the recent years Bull Runs the price of Bitcoin increased by 2900%, 1000%, 995%, 1950% On average the price appreciation of Bitcoin was: 1698%
In the following Bear Markets the price of Bitcoin decreased by 93%, 72%, 72%, 68% On average the price depreciation of Bitcoin was: 76%
Average Timelines of Bull and Bear Markets
Average duration of Bull Markets in recent years: 420 days Average duration of Bull Markets in recent years: 315 days
Duration of current Bear Market: 222 days
Mathematical projection of new bull market: 92 days
Based on this model it is likely we will see a new bull market start on 15.11. 2018
Now this is not speculation, but a predictive analysis based on historical data.
The data points to 2 main conclusions.
1. During a Bull Market the prices increase significantly more than they decrease during a Bear Market. 2. Once a cycle changes it takes a lot of time for a reversal, during these times the value consistently increase or decreases
Looking at this model, there is no reason for any panic, we are well with the parameters.
In the past the market has always recovered, in other words after a long bear market there was always a new bull market, It is normal that after a 6 months bear market people are starting to loose hope. But if you look at the data 6 months are not that long.
I hope this helped you to get some hope and a more positive outlook.
(In case it did you give a more positive outlook I would welcome some merit, thanks)
explaining the bull run is easy : Bull run is when panic sellers stop selling they're bag low and the whales are all in Long
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shanem
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August 23, 2018, 03:46:37 PM |
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History doesn't repeat itself. We could even see bitcoin testing new lows before going up again but your model can help people to gauge how close the market is bottoming. Another way to gauge market bottom is when the crypto market is boring and many people have already cut their losses.
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max1616
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August 23, 2018, 04:13:03 PM |
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You did a good analysis..I agree with you..When we look at the graphics in the past years, I think it will be the same thing this year.
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bohr
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August 23, 2018, 06:15:42 PM |
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Nice analysis and it is nice seeing someone defending their position with actual data, and while I find this interesting at the same time for long term holders that is not really a problem, we know there is going to be another bull market in the future, we do not know when but as long as you keep holding your coins then you will be here to get all the profits, so predicting the next bull market is only a problem for traders.
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cryptoworld2018
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August 23, 2018, 06:30:29 PM |
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If market is predictable no one can ever loses. But then all of us hopes that the market will uprise. Let's see what will happen all of us just waiting and hoping that it back to track.
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