Hvordan den 90-årige markedstrolldom forudsagde Bitcoin Udbrud

Af NewsBTC - 2 år siden - Læsetid: 2 minutter

Hvordan den 90-årige markedstrolldom forudsagde Bitcoin Udbrud

Bitcoin price has erupted to more than $55,000, clearing any downtrend resistance and potentially signaling that the bull run is back on. The move might have taken bears by surprise, however, the blueprint for what happened was created around 90 years ago.

Her er en historielektion om Richard Wyckoff, Wyckoff-teori, og hvordan markedstroldmanden, der blev født i 1800-tallet, var i stand til at forudsige prisvirkningen på et digitalt aktiv, der ikke debuterede før i 2000'erne.

Alt hvad du behøver at vide om Rickard Wyckoff og hans teori

Richard Wyckoff was known, according to Wikipedia, as an American stock market investor. He also founded and acted as the editor of the Magazine of Wall Street in the early 1900s.

Wyckoff himself was fascinated specifically in the underlying mechanics that caused trends to form or change. He spent much of his later career studying markets, and other investors of the time. Names of those he studied include Jesse Livermore, and JP Morgan.

Related Reading | Ethereum Potentially Trades Inside Livermore Accumulation Cylinder Pattern

Wyckoff believed in the idea of a “composite operator” or a singular mind that controls the ebb and flow of the market. Wyckoff then spent his final days in the 1930s examining the behaviors of this “composite operator” and came up with certain schematics that would tell traders if the market is in one of four distinct phases: accumulation, mark up, distribution, and mark down.

Phases of re-accumulation and re-distribution are also common as mid-points before the cycle repeats. But how does this all apply to Bitcoin?

In an article I shared last week on @newsbtc I suggested price action in #Bitcoin looked like distribution *before* the big drop. The video below is the *after*. pic.twitter.com/WwVs7YQxzb

— Tony "The Bull" Spilotro (@tonyspilotroBTC) April 23, 2021

Bitcoin Price Breakout Could Be Predicted With 90-Year Old Schematic

Bitcoin price action was in clear distribution when the leading cryptocurrency by market cap reached $65,000 in April 2021, as the tweet above demonstrates.

Relateret læsning | Tyre genvinder kontrol over Bitcoin Trendstyrke: Hvad kan du forvente

Efter at krypto tog et stort dyk i maj, var det op til "sammensat operatør" at beslutte, om aktivet ville blive omfordelt eller genakkumuleret. Diagrammet nedenfor gør det helt klart, hvilken af ​​de to der skete.

Wyckoff re-accummulation should lead to extensive mark up and new all-time highs | Source: BTCUSD on TradingView.com

What should come next, is a mark up phase. And when that is over distribution will happen again and put a final end to the current bull cycle once and for all.

På det tidspunkt ville det at se efter tegn på omfordeling eller akkumulering i bunden være, hvad teknikkerne designet for mere end 90 år siden ville foreslå. Men det er kun, hvis du tror på Wykcoff-teoriens magt. Gør du?

Følg @TonySpilotroBTC på Twitter eller via TonyTradesBTC Telegram. Indhold er lærerigt og bør ikke betragtes som investeringsrådgivning.

Fremhævet billede fra iStockPhoto, diagrammer fra TradingView.com

Oprindelig kilde: NewsBTC