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Bitcoin Bear Season End Is Near - Bull Fractal Time Comparison
When directly comparing and measuring the length of each bear phase, they each last approx. 14 months.
Edwin “Sedge” Coppock discovered an oscillator after his church asked him to invest their funds. The idea was that market psychology should follow normal human psychology. Their studies uncovered that it takes between 11-14 months for a human to get over the bereavement of a close friend or relative. This in theory is how long a bear market should last, as it takes this long for the market to get over the “loss”.
Is it time for another bull run, almost to the minute? This chart will be evidence of predicting impulses using cyclicality if a new trend erupts from here.
Edwin “Sedge” Coppock discovered an oscillator after his church asked him to invest their funds. The idea was that market psychology should follow normal human psychology. Their studies uncovered that it takes between 11-14 months for a human to get over the bereavement of a close friend or relative. This in theory is how long a bear market should last, as it takes this long for the market to get over the “loss”.
Is it time for another bull run, almost to the minute? This chart will be evidence of predicting impulses using cyclicality if a new trend erupts from here.
CoinChartist is run by Tony "The Bull" Severino, CMT, a technical analyst fascinated w/ Elliott Wave Principle, Hurst Cycle Theory, W.D. Gann, Japanese Candlesticks, & other classical charting methods. Visit coinchartist.io for free TA education!
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