Here's a super interesting chart that I thought about before bed in regards to negated 4 year cycles.


First thing each new month I look at the $COPPER to $GOLD ratio and was thinking about this ratio with comparison to when the Bitcoin Halvings occurred previous times.
We have followed the same path:
1. Bitcoin halving occurs,
2. Copper/Gold RSI breaks out on 1M and MACD crosses right after
We were on the SAME path this time, but we've rejected right when we were "supposed to" transition into the bullish part of the 4y cycle theory. This time Copper/Gold rejected just after the halving and this is no coincidence.
It is where we started deviating from the mainstream 4y cycles and I think, with other data already shown to this day, 4 year cycles are not going to play out anymore.
You also see how it went from one MACD bull cross to another exactly 4 years apart. Not this time.
XCU3.05%
XAU-0.75%
BTC-2.32%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned