Von NewsBTC – vor 2 Jahren – Lesezeit: 2 Minuten
How 90-Year Old Market Wizardry Predicted The Bitcoin Ausbrechen
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.
Hier ist eine Geschichtsstunde über Richard Wyckoff, die Wyckoff-Theorie und wie der im 1800. Jahrhundert geborene Marktzauberer die Preisentwicklung eines digitalen Vermögenswerts vorhersagen konnte, der erst im 2000. Jahrhundert auf den Markt kam.
Alles, was Sie über Rickard Wyckoff und seine Theorie wissen müssenRichard 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 SchematicBitcoin price action was in clear distribution when the leading cryptocurrency by market cap reached $65,000 in April 2021, as the tweet above demonstrates.
Verwandte Lektüre | Bullen gewinnen die Kontrolle über Bitcoin Trendstärke: Was Sie erwartet
Nachdem Krypto im Mai einen gewaltigen Absturz erlitten hatte, war es dann Sache des „Composite Operators“, zu entscheiden, ob der Vermögenswert neu verteilt oder wieder angesammelt werden würde. Die folgende Grafik macht deutlich, was von beidem geschah.
Wyckoff re-accummulation should lead to extensive mark up and new all-time highs | Source: BTCUSD on TradingView.comWhat 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.
Zu diesem Zeitpunkt würden die vor mehr als 90 Jahren entwickelten Techniken darauf hindeuten, auf Anzeichen einer Umverteilung oder Akkumulation am Boden zu achten. Aber das ist nur möglich, wenn Sie an die Kraft der Wykcoff-Theorie glauben. Tust du?
Folgen Sie @TonySpilotroBTC auf Twitter oder über das TonyTradesBTC-Telegramm. Der Inhalt ist lehrreich und sollte nicht als Anlageberatung betrachtet werden.
Ausgewähltes Bild von iStockPhoto, Diagramme von TradingView.comOriginalquelle: NachrichtenBTC