The DELTA Phenomenon of Bitcoin
Based on a hidden order which can be solved for any financial market, the DELTA Phenomenon can be used to generate astounding accuracy. It is a forward-projecting market tool that should be included in every trader's desk.
These solutions were first created by Welles Wilder and Jim Sloman in 1984 for specific time frames. These time frames include a 4-day cycle, a 4-month cycle, a 1-year cycle, a 4-year cycle and a 19-year cycle. However, according to observations, the Bitcoin market can only be applied to the 4-year cycle.
The cycle phenomenon suggests that every bull and bear market follows a similar pattern in terms of timing.Our observations have found that the Bitcoin cycles always consists of a three-year bull market followed by a one-year bear market. At different points in time, the same events recur.
Below,we have listed out all cycles in the form of color-coded lines (green - red - blue - yellow). The gap between two color lines is roughly four months. By observing the same color lines, we can quickly identify the similarities between cycles.
Let's take the green line as an example.
Cycle 2 : 2015/02 - 2018/12
Cycle 3 : 2018/12 - 2022/11
By comparing three cycles, it is not difficult to find that the regularity of green line is the most obvious. The first green line is the beginning of the bull market, the fourth is the end of the bull market, and the fifth is the bottom of the bear market. And the months near the third green line are accompanied by a frantic rise in prices.
In addition, we found that the third red line of each cycle is accompanied by the end of the bull market.And there will always be a bear market rebound near the fourth red line.
Most importantly, for now, Bitcoin looks like will be bullish from the green line to the blue line,just like previous cycles happened.
Instructions for Installation and Use of Delta Software
shorturl.at/awM89 (download here)
1. unzip the file
Then, next-next-next-finish
Then,choose the btc folder.
And then click here.
2. Use
Press F6 show the delta color lines
Then click Chart-log scale/candle-sticks
And Period-weekly chart
Finally Views-numbers of bars per page
Now you can use it to compare cycles of bitcoin, If you're a long-term trader, this theory+tool are perfect for you!
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