Bitcoin Monthly Timeframes Forecast

You get all updates for the year with this package. Bitcoin Monthly Timeframes forecast is produced using two separate system: Chinese Astrology and Western Numerology.  This is a purely statistical forecast based on historical performance through the years on all occasions where the two systems: Chinese astrology and numerology agree on the closing candle.  However where the two systems show conflicting forecasts, we at Trading Edge use bespoke assessment which I share in my video on YouTube.

https://youtu.be/GrdyfjDTy4Q?si=hyaPvAF4pFgij0eJ

The top table shows the monthly closing candles of Bitcoin since 2011 and on the last months of 2010.

The first column shows Bitcoin’s age.

The second column shows the Chinese animal ruler of the year.

The third column shows the Element of the year.

The next columns show the months of the year.

All boxes are coloured according to their closing candles.

In every box there is a number.  That number is obtained from summing up the month’s number, e.g. 1 for January, 2 for February, with the year’s number, e.g. 2010 was year number 3, 2011 was year number 4.

So this spreadsheet investigates the performance of this metric Month + Year Number and at the same time it investigates the performance of the Chinese animals rulers of each month and the Chinese elements that go with them.

Chinese system always uses two metrics to describe a year, a month, a day, or an hour and these are Animal + Element.

So that makes it more complex for extracting rules.

On the right side you will see a table which has extracted rules for the Month + Year number.  This rules are monitored every year so we can see what trends are developing there.

Underneath the table with the months, the forecasts begin.  The first forecast is for 2023.  You can see the results of that forecast in the last box on the right.  That is 58%, for 7/12 months forecasted correctly.

The last table underneath is the forecasts for 2024.  The outstanding months are February likely to close on a green candle, May likely to close on a green candle and December likely to close on a red candle.  The rest of the forecasts have conflicting data between the two systems.

Broadly speaking the Wood Dragon is expected to be a turbulent year because the Dragon is an animal ruled by Earth and Wood and Earth are enemies, so those incompatible elements within the unity of a year will be creating a lot of discord.  I expect the first bear reversal to start from 22 March 2024 and the bottom to be reached sometime in April, likely around 14 April.

Then there are astrological confluences for other bearish periods from 9 June – 19 July 2024 – Mars in Taurus, 4 August – 27 August Mercury Rx, 4 September – 31 October 2024 – Mars in Cancer, 25 November – 15 December – Mercury Rx; and from 6 December – 24 February 2025 – Mars Rx in Leo.

So two more bottoms are possible after the bottom in April, most likely in August and October and  even if they close higher than the April bottom, they will make those longs opened in April shake with fear.

At the end of the day, 2024 is year number 3 in the 4-year cycle of Bitcoin’s peaks, it is the year before the peak, so it should be green, but it won’t be straight upwards green and comfy, it will have many red candles.

What worries me is that right in the end, December is red, it is going to keep us on our toes until 24 February 2025, which will be sharply more visibly bullish with big green candles.  The visible bull reversal will take place in February 2025.

For now I am planning to open long positions in the crash 22 March – 30 April and if that changes I will update you.

You will receive your file in 2 working days.  I will send you the most up-to-date forecast which may not look the same as the picture.  The product picture serves only as an example of what the file looks like.

If you have any question, watch the YouTube video explaining this forecast as a first step.  If you have more questions please post them in the comments section below the product on this website or in the YouTube channel.

Disclaimer:

This forecast is not designed to serve as a trading signal.  We use it for our trading and we have chosen to share it with you, however we recommend that you trade your own system and use our forecasts only as an additional confluence.

Happy trading!

 

All at Trading Edge.