A few days ago I made a prediction about the correction of the Bitcoin price based only on the dates, agreeing, Today check the typical forum of people discussing the price of EUR / USD.
I undertook my search on some pattern in time, that will throw me some indication of what can happen in the next months, years with the price.
It's just a theory
My search I throw something curious
1) A pattern is repeated in the MACD 8 years ago, The price 8 years ago also had an almost uninterrupted rise. 8 years ago at the end of October the price dropped.
Perhaps it does not seem so crazy what I say.
Now the crazy starts, Ready?
We will start 04/30/1995 the price reaches a maximum (1.40), 04/30/2014 this time will not be a maximum but the price stops (1.40), on both occasions the price fell and remained in the range of (1.13 -1.034).
08/31/1998 after a few months of bullish price arrives (1.20), 08/31/2017 the price comes after months up (1.20). ((Braided a trend line you can clearly see the bearish trend being formed.))
Subsequently to this date the price goes down to really crazy areas for our days (0.82)
Unfortunately I can not observe years before 2002 in TradingView, but I invite you to check it yourself.
U could search in google "economic cycle "
I undertook my search on some pattern in time, that will throw me some indication of what can happen in the next months, years with the price.
It's just a theory
My search I throw something curious
1) A pattern is repeated in the MACD 8 years ago, The price 8 years ago also had an almost uninterrupted rise. 8 years ago at the end of October the price dropped.
Perhaps it does not seem so crazy what I say.
Now the crazy starts, Ready?
We will start 04/30/1995 the price reaches a maximum (1.40), 04/30/2014 this time will not be a maximum but the price stops (1.40), on both occasions the price fell and remained in the range of (1.13 -1.034).
08/31/1998 after a few months of bullish price arrives (1.20), 08/31/2017 the price comes after months up (1.20). ((Braided a trend line you can clearly see the bearish trend being formed.))
Subsequently to this date the price goes down to really crazy areas for our days (0.82)
Unfortunately I can not observe years before 2002 in TradingView, but I invite you to check it yourself.
U could search in google "economic cycle "