Anticipating BTC top using Bollinger Bands and logarithmic scale

Over the years I’ve been watching graphics and trying to figure out how to anticipate Bitcoin’s end of bull cycle.

Turns out there’s one indicator that anticipates an imminent crash after the bull run, at the end of the 4 year cycle post halving.

After meditating whether I should make this information public or not, I decided to go public and share it with anyone who’s interested.

The graphic setup

• Active your Weekly candles
• Enable Bollinger Bands indicator
• Make sure you’re viewing the log scale, not the linear

How to read it

It’s quite simple: as soon as the lower band goes below 0 that’s an indicator that the crash is coming. The wonderful thing is that this negative value happens while the price is still going up. So it alerts you way before the crash

As you can see in the image below, this method could anticipate two -70% crashes in 2013, as well as the the -80% crash in 2017:

When the lower band goes negative, it’s time to look for a stable asset such as xUSD or xAU

2013

This phenomenon happen 2 times in 2013. First it happened on March and anticipated the crash 4 weeks before it happened.

Then on Nov 2013 it happened again this time 2 weeks before the crash

2017

This year it anticipated the crash the exact same week it reached the $20k top, so I suspect this cycle will behave the same.

What now, sir?

As you can see in the graphic above, this year the lower band has attempted to go down 2 times but it has corrected it’s way up.

And even more, according the Monthly candle there’s indication that we are entering a zone of risk, but we’re not quite there yet.

Monthly candle view is less reliable to anticipate the crash but it does raise a flag. Lows also tend to go deeper each cycle.

Here’s a link to the graphic in TradingView so you can validate the model and reach to your on conclusions:

BTC log scale with Bollinger Bands for BITSTAMP:BTCUSD by ludwigvonhaven

Stay safe, mates. And look for haven in advance for the crash is imminent.

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