BITCOIN FORECAST
Bitcoin Forecast containing four turning dates extending out till the end of July. Price Amplitude and duration of first upswing and also the second downswing is presented . Additional Notes and calculations included. The move down from April 2021 High into point A was 35855 points in 68 days a large drop in a short period of time. Bitcoin has a tendency to spike into Lows as indicated by the arrows.
From the 10th Nov 2021 Top price ran down the same amplitude as the previous swing and the time periods were also closely balanced with the first swing down measuring 68 days compared to 74 days into the January spike Low.
The market then moved into a sideways consolidation phase that was similar in width to the previous range but longer in time. Price had a false breakout at point C before returning to the channel and continuing down to current levels... Charts below.
Nasdaq
SEASONAL TIME PERIODS
The important Time Periods are March 21st O Deg June 21st 90 Deg
23rd September 180 Deg December 21st 270 Deg and the full circle of 360 Deg 21st March
NATURAL LAW
"I soon began to note the periodical recurrence of the rise and fall in stocks and commodities. This led me to conclude that natural law was the basis of market movements. I then decided to devote 10 years of my life to the study of natural law as applicable to the speculative markets and to devote my best energies toward making speculation a profitable profession.”
UNLOCKING GANN
A broad range of knowledge covering Time Cycles Geometry Chart Construction and an understanding of The Principles of Natural Law and how these forces govern market movements are some of the elements required to decipher Ganns work . To acquire such a knowledge base requires years of commitment and dedication . Replicating Ganns Charts and Tables by hand is a meticulous process , a road that very few take . In order to decipher his work and view the market through his lens a careful and methodical study and replication of his work is required then you can begin to see through his eyes.