Bitcoin Trading Cycles

[FanEagle]

Does Bitcoin trading follows any cycles?

Came across this article: https://mktcycles.blogspot.com/2019/03/bitcoin-cycles.html

Any thought?

Absolutely not, there is nothing about bitcoin that completely depends on cycle or follow cycle based on my own opinion, very trade with it conditions and that one that he article said “that bitcoin trading has nothing to do with underlying economy, geopolitical conflicts, politics”, these factors are the things also contributing to if a trader will trade or not.

The number of trading or trader in the past will also be different and total amount of trading cap will always be different, so these factors will make it impossible for cryptocurrency trading to follow same cycle except one single action of a whale keeps repeating itself at a set time which I really doubt any whale will even pick a particular time to control the market.

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[omonuyak]

Going through the link above, I like the confirmation that bitcoin is not affected by any underlying factor of economics, geographical conflicts nor politics.

Thus, deducing from that is, is most likely it has its own circle and looking at the graphs, I think the circle is the trend.

I think, that was then but now bitcoin is affected by strong "geographical conflict and political issues" it is important we started to bring those things in so we would not have loopholes in our analysis as there are now affecting pricing.

[beerlover]

There are only 2 trend on crypto market , bullish and bearish. Before enter to crypto market we should be first analysis the trend of Bitcoin because all altcoin will follow the trend of BTC. If BTC bullish so that will be more bullish for altcoin. With low capitalization , all price of crypto can be going up multiple times in the long run.

How will all altcoins follow bull trend of bitcoin when it becomes bullish when they all have different utility purpose, the only altcoins that follows bullish trend with Bitcoin are projects that are very good with good products and are paired with bitcoin and the reason why we feel they follow bull trend along with Bitcoin is because once bitcoin increase in value, the current value they were holding in that altcoins will automatically give them a higher value when exchange to Bitcoin, but most projects that are already dead and have very low volume will not experience bull run with bitcoin which makes the bitcoin's rally limited to some coins.

[Ains_sama]

I think it's true that bitcoin trading seems to be following a cycle, because we know there are times when the bitcoin prices ebb and flow.

[Bezobraznike]

I think it's true that bitcoin trading seems to be following a cycle, because we know there are times when the bitcoin prices ebb and flow.

   I think we are in rising cycle today. People across the internet are full with confidence after coming very close to 5000$ again. Prices are
have up and down trends, this cycles can be very profitable for people who trade before trend starts, they buy before up-trend starts and
sell before down-trend starts.
   Now we can enjoy in up-trend, it`s nice to see prices rising fast again. We didn`t see that in more than a year.

[jrrsparkles]

There is no definite price cycle for bitcoin but the price keep bumping and dumping at certian levels called bull market and bear market but at the time of price decline lot of haters will say this is the bitcoin's end but somehow the prices are able to recover and also reaching the new price level on each successive bull run until now.

[Capt00]

I think it's true that bitcoin trading seems to be following a cycle, because we know there are times when the bitcoin prices ebb and flow.

   I think we are in rising cycle today. People across the internet are full with confidence after coming very close to 5000$ again. Prices are
have up and down trends, this cycles can be very profitable for people who trade before trend starts, they buy before up-trend starts and
sell before down-trend starts.
   Now we can enjoy in up-trend, it`s nice to see prices rising fast again. We didn`t see that in more than a year.

Yes, seems like the market now looking good and it shows a small spike in the market, last few hours we saw the longest candle price that indicates the market has grown itself even we don't know the possible reason. This pump and dump of bitcoin make more profit to traders because of the cycles of fund we can able to earn on this. However, at this moment let's do hope that not all bitcoin holders sell their holding coins.

[whirlcoin]

Does Bitcoin trading follows any cycles?

Came across this article: https://mktcycles.blogspot.com/2019/03/bitcoin-cycles.html

Any thought?

probably you are right everything is coming under a cycle so that reading is also like being continuing through a different situation but under a cycle moment if we closely watched the trading situation it will up and down every time when we are doing it properly.

[MrFreeRoMan]

I think it's true that bitcoin trading seems to be following a cycle, because we know there are times when the bitcoin prices ebb and flow.

Great Art
Bitcoin Cycle Analysis:
https://bitcointalk.org/index.php?topic=5129155.msg50502396#msg50502396

[mrdeposit]

Maybe, in some places yes, but mostly no. If we can not analysis price, what are we talking about? Cycle is something that happens as time goes by, and crypto is very new for it.

[logicgate]

Maybe, in some places yes, but mostly no. If we can not analysis price, what are we talking about? Cycle is something that happens as time goes by, and crypto is very new for it.

 It is important thing to know when the price of bitcoin will be high and when it will be low, I know it is not so easy in this condition when price is suddenly rising and suddenly falls, so make sure you are trained enough to analyze the market before investing, price can change anytime but most of the time it happens at the beginning of there year, as volatility of the market is so natural.

[izanagi narukami]

For me , it's completely random and if it's fit, it's just conincidence !
This is crypto, world of trading, the risky one so the trend is totally unpredictable.

How able people earn profit from it ?
For me, it's believe !

[South Park]

there are cycles in bitcoin like there is in any other market in the world that has ever existed. but the important thing to remember is that you can never rely on these cycles and think it should be repeated each time the same way as it was repeated in the past. unfortunately nowadays because of the similarity of the current "cycle" of the past 2 years compared to the "cycle" that happened from 2013 to 2016 people are starting to think it is reliable and should be repeated the exact same way. and many of these clickbait sites like the one you posted here are posting misleading articles about this.

Exactly, there are cycles in everything including bitcoin but that doesn't mean that the cycles are going to repeat in the same exact way, for example we know that bitcoin is a really good coin and its fundamentals are strong so we know that the recovery will eventually come but it is impossible for us to predict when that will happen, but the problem is that people are trying to use the previous cycle to try to predict when that will be instead of letting the market to recover whenever it's ready and such kind of thinking can only bring losses over the long term.

[webtricks]

For me , it's completely random and if it's fit, it's just conincidence !
This is crypto, world of trading, the risky one so the trend is totally unpredictable.

How able people earn profit from it ?
For me, it's believe !

True! The deeper people try to decipher the crypto market trends, more and more complex they become. I have seen many big Bitcoin Price Experts failing to predict the right market movements in 9 of 10 instances. But that's all acceptable because the biggest essence of Cryptocurrencies is their unpredictability. How boring it would been if people could easily recognize their movements! In such scenario, we could only see 5-10% movements at max. But in current market scenario, crypto can fluctuate even 100% in a day. This dynamism is the main reason why crypto have become so popular and changed the life of many traders.

[ololajulo]

I believe in the cycle, from Bull market to bear market. It produces new all time high price, more bitcoin holder and many new investors. The higher the price the longer the cycle. Also in the cycle is the bitcoin halving which is a very big factor for price rally.

[arpon11]

I have been in forex before coming into cryptocurrencies market and as a trading analyst I have find out that bitcoin follow some trading cycles and some whales invest based on some patterns and candlesticks formation.  For those that has been in this market before 2017 when bitcoin become popular because of the bull run will agree with me that it has been up and down in price movement.  Last year bitcoin was facing a downward cycles but this year it is in the bullish cycle though at the beginning of that.  The paravolical sar is around showing bullish cycles.

[MrFreeRoMan]

Nice article about Bitcoin Waves:
HODL Waves
Read it, it's very interesting...

[befriendmywater]

Does Bitcoin trading follows any cycles?

Came across this article: https://mktcycles.blogspot.com/2019/03/bitcoin-cycles.html

Any thought?

I think yes. Some investors have said that Q2 and Q3 every year often have big growth markets and I believe that when the price of BTC suddenly increases from 3300 $ -> $ 5000 and maintains that value. . I could not believe my eyes.
I looked back at the stock charts of 2016 and 2017, buying power also increased sharply at that time. So the cycle is real.

[mindrust]

There is no definite price cycle for bitcoin but the price keep bumping and dumping at certian levels called bull market and bear market but at the time of price decline lot of haters will say this is the bitcoin's end but somehow the prices are able to recover and also reaching the new price level on each successive bull run until now.

That pumping and dumping is the cycle we are talking about. It was $50 before it pumped to $1000. Then it dumped to $200 and pumped to $20k. Then it dumped to $3k. Now it is the turn for the next pump and we expect it to reach $100k this time before it dumps back to $30-40k.

[Bagaji]

Going through the link above, I like the confirmation that bitcoin is not affected by any underlying factor of economics, geographical conflicts nor politics.

Thus, deducing from that is, is most likely it has its own circle and looking at the graphs, I think the circle is the trend.

There is no movement in price of Bitcoin without economic factors and that is to say your agreement with the author of the above quoted article has no base.
The forces of demand and supply was the major market driver and some other economic factors in the year 2017 till this moment.