Stick to the plan!!! We have made it this far dont quit now, work for your bags stay optimistic and constantly try to expand your time horizon it's our cycle for the taking!! Cheers, to this amazing analysis!
Stefan - what is the significance of your Twitter post on 72 weeks? Is this in reference to the OG crypto rule that the market does things in 500 days phases?
1. 500 days from previous cycle low to reach old all time highs in the new cycle (this time was 471 days perhaps due to ETF)
2. 500 days from halving to new cycle all time high (putting us at Aug 2025)
3. 1000 days of bull market from cycle bottom (21 Nov 2022) to Aug 2025.
72 weeks is an important time to watch from any major high or low. Crypto is especially susceptible to the square of 12 I have noticed. The square of 12 is 144 and half of 144 is 72. It may seem a bit nuanced but Gann is all in the details. A few examples:
From the Major 2021 July low to the November 2022 bear market low was 71 weeks
BTC Covid low to Major July 2021 low was 71 weeks.
Jan 2015 cycle low to pre halving top was 74 weeks.
November 2011 low to April 2013 top was 72 weeks
Depending on how time and price align it can be a major or minor inflection point. If we had an event (like etf approval) aligning with 72 weeks and an important anniversary date of a previous major high or low I would say it would be of more significance. There are a lot of timeframes to track. The important thing is to pay attention when several major ones align.
Stick to the plan!!! We have made it this far dont quit now, work for your bags stay optimistic and constantly try to expand your time horizon it's our cycle for the taking!! Cheers, to this amazing analysis!
some brilliant thoughts in there! Cheers!
Great reminders on how the market works. Appreciate the suggestions to focus on the long term goals.
Stefan - what is the significance of your Twitter post on 72 weeks? Is this in reference to the OG crypto rule that the market does things in 500 days phases?
1. 500 days from previous cycle low to reach old all time highs in the new cycle (this time was 471 days perhaps due to ETF)
2. 500 days from halving to new cycle all time high (putting us at Aug 2025)
3. 1000 days of bull market from cycle bottom (21 Nov 2022) to Aug 2025.
72 weeks is an important time to watch from any major high or low. Crypto is especially susceptible to the square of 12 I have noticed. The square of 12 is 144 and half of 144 is 72. It may seem a bit nuanced but Gann is all in the details. A few examples:
From the Major 2021 July low to the November 2022 bear market low was 71 weeks
BTC Covid low to Major July 2021 low was 71 weeks.
Jan 2015 cycle low to pre halving top was 74 weeks.
November 2011 low to April 2013 top was 72 weeks
Depending on how time and price align it can be a major or minor inflection point. If we had an event (like etf approval) aligning with 72 weeks and an important anniversary date of a previous major high or low I would say it would be of more significance. There are a lot of timeframes to track. The important thing is to pay attention when several major ones align.
Thank you Stefan. This is very enlightening.