Passionate about crypto. Sharing the best models, on-chain metrics, findings, knowledge & thoughts from the space. Nothing I say/show is financial advice.
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Nov 18, 2020 • 12 tweets • 5 min read
1/ #BTC price is sky-rocketing, reaching for the all-time high, can we break through $20k in this run?
Mayer Multiple Price Bands suggest the following… Let´s have a look!
👇 2/ In March this year, the Mayer Multiple Price Bands gave a great bottoming signal, just as in prior market cycles.
1/ Is #Bitcoin on track with respect to its latest growth cycle? Daily Active Addresses suggest, we just lifted off from a long-term growth phase support which started end of 2013. This looks quite bullish.
Let´s dive in a bit deeper. 👇 2/ 2 years ago, the low in Daily Active Addresses (DAA) was hit in the latest cycle (DAA is the number of unique addresses active as a sender or receiver on a daily basis). Price followed suit 8 months later at a low of $3.1k. Ever since then we had higher and higher lows in DAA
Feb 29, 2020 • 6 tweets • 3 min read
1/ Are whales and long-term hodlers off-loading their #Bitcoin now? #COVID2019
On-chain data suggests both are still sitting firm & tight on their #BTC . Recent sell-offs are on par with prior bull markets. Nothing extraordinary yet.
Explanation 👇 2/ The above mentioned metric measures the total hodl age of all Bitcoins moved on a given day by multiplying those coins with the number of days they got hodled. This metric is called Coin Days Destroyed (CDD).
Feb 21, 2020 • 5 tweets • 2 min read
1/ During the last two #Bitcoin bull cycles, price bottoms and tops fluctuated around halving dates in an almost equal ratio. If this relationship were to hold true, we still have more than 570 days of bull market ahead of us, with a cycle top coming in around Sep 2021.
🚀🚀🚀 2/ It is still the big question whether Bitcoin´s bull and bear markets take longer each cycle or oscillate around halving cycles. While there are enough good reasons to suggest that cycles are lengthening over time and
Jan 11, 2020 • 47 tweets • 14 min read
1/ The Log Growth Model also known as power-law corridor has gained a lot of fame recently. Based on it, the bottom is in and we can reach a Bitcoin price as high as 90k this year? The perfect channel fit is too good to be true I thought.
I was very surprised by what I found. 2/ Besides many Bitcoin logarithmic regression models that appeared in recent years (e.g. logarithmic regression by Trololo or Awe & Wonder), the first more scientific approach through defining a power-law channel for price and time was taken by @hcburger1 through the following
Dec 24, 2019 • 49 tweets • 14 min read
/1 My personal take on Bitcoin´s current state and short-, mid-, and long-term outlook. In this series, I will take a look at some famous indicators, primarily on-chain metrics, such as aSOPR, VWAP Ratio, Bitcoin Difficulty Ribbon, DAA, RVT Ratio, NVT CAPS, MVRV Ratio and ...
/2 Stock-to-Flow Model.
For the purpose of this analysis, I define short-term up to 3 months, mid-term up to 6 months and long-term > 6 months.
Jul 16, 2019 • 38 tweets • 11 min read
26/ Bitcoin´s price is very much on track to resemble the first major correction of 2017´s bull market in terms of Mayer Multiples (see full thread for details & targets). Even if we go all the way down to the bottom of the bullish channel, this is still considered a bull market.
For some reason, I cannot attach this post to the prior thread. Please find it here for all the details:
Will history repeat itself? The @TraceMayer Multiple indicated 4 major trend changes during the last two cycles: (1) Cycle low, (2) Correction #1, (3) Correction #2, (4) Cycle top. If history repeats, we might be close to Correction #1 at around $13k.
Thread 👇 1/ During the last two bull markets, 3 of the 4 major corrections came in exactly at 2.5x the 200 DMA. Assuming that the low is in at $3150 and we are in a bull market, a current 200 DMA of $5070, suggests Correction #1 to take place at around $12,7k. Considering that