Leo_Heart
Check my indicators on https://tradingview.com/u/leoum/#published-scripts
Read my article explaining the math:
https://bitcoinwave.net/bitcoinwavemodel.pdf
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This move today looks like a possible strong breakout.
The price should pass $110k - $118k zone to get into the orange zone (from 2 to 3 above the Power law line).
The price should pass $110k - $118k zone to get into the orange zone (from 2 to 3 above the Power law line).
A chartist with math 🧮in his heart❤️,
Drew a rainbow🌈, a financial art📊.
It says when to buy📉,
Or if it's too high📈,
A colorful, bull-market chart🐂.
Drew a rainbow🌈, a financial art📊.
It says when to buy📉,
Or if it's too high📈,
A colorful, bull-market chart🐂.
Why Bitcoin's "Years" Don't Align with the Calendar
When looking at Bitcoin's price history on a chart scaled by the number of blocks mined (the "h-scale"), you might notice something odd: calendar years appear to have different lengths. This isn't an error. It highlights a fascinating aspect of how Bitcoin's internal clock works.
As you can see in the chart, the markers for calendar years (2010, 2011, etc.) do not line up in perfectly equal intervals. This is because the x-axis doesn't measure time in days, but in the number of blocks successfully mined.
The Cause: Hash Rate vs. Difficulty
The Bitcoin network is designed to produce a new block approximately every 10 minutes. To maintain this pace, the mining difficulty automatically adjusts every 2016 blocks (roughly every two weeks).
However, the network's total computing power, known as the hash rate, is constantly changing. Throughout most of Bitcoin's history, the hash rate has been in a strong uptrend.
When the hash rate increases between difficulty adjustments, blocks are found faster than the 10-minute target. This causes more blocks to be mined in a given period than theoretically expected.
The Data Proves It
The theoretical number of blocks in a year is about 52,560 (6 blocks/hour * 24 hours/day * 365 days/year). This is often rounded to 52.5k, aligning with the halving cycle of 210,000 blocks every four years.
When looking at Bitcoin's price history on a chart scaled by the number of blocks mined (the "h-scale"), you might notice something odd: calendar years appear to have different lengths. This isn't an error. It highlights a fascinating aspect of how Bitcoin's internal clock works.
As you can see in the chart, the markers for calendar years (2010, 2011, etc.) do not line up in perfectly equal intervals. This is because the x-axis doesn't measure time in days, but in the number of blocks successfully mined.
The Cause: Hash Rate vs. Difficulty
The Bitcoin network is designed to produce a new block approximately every 10 minutes. To maintain this pace, the mining difficulty automatically adjusts every 2016 blocks (roughly every two weeks).
However, the network's total computing power, known as the hash rate, is constantly changing. Throughout most of Bitcoin's history, the hash rate has been in a strong uptrend.
When the hash rate increases between difficulty adjustments, blocks are found faster than the 10-minute target. This causes more blocks to be mined in a given period than theoretically expected.
The Data Proves It
The theoretical number of blocks in a year is about 52,560 (6 blocks/hour * 24 hours/day * 365 days/year). This is often rounded to 52.5k, aligning with the halving cycle of 210,000 blocks every four years.
All my charts and links to indicators are available in one page. Currently free.
https://bitcoinwave.net/
https://bitcoinwave.net/
A new live chart at https://bitcoinwave.net/bitcoincycles.htm aligns all five bitcoin halving cycles for comparison. It builds on my previous charts:
The Halving H-Clock (https://bitcoinwave.net/hclock.htm) and
Deviation Rainbow (https://bitcoinwave.net/deviationrainbow.htm).
The Halving H-Clock (https://bitcoinwave.net/hclock.htm) and
Deviation Rainbow (https://bitcoinwave.net/deviationrainbow.htm).
The current price level of Bitcoin has a 3/4 chance of being below this level and a 1/4 chance of being above this level according to historical statistics. The most interesting things happen above this level.
https://bitcoinwave.net/deviationrainbow.htm
https://bitcoinwave.net/deviationrainbow.htm
The deviation rainbow chart, available for testing at https://t.co/vPiX4DKOe1, shows the price's deviation from the power law.
This deviation is normalized by the decay factor, setting the total width of the rainbow to a 0%-100% scale.
The full range is then divided into eight equal rainbow stripes.
This deviation is normalized by the decay factor, setting the total width of the rainbow to a 0%-100% scale.
The full range is then divided into eight equal rainbow stripes.
See original
If you had this life, would you care about Bitcoin? A deep research makes a guess of 20-25% of cryptocurrency owners in the French Riviera. We are still early.
Bitcoin Fact: In 2100, when Bitcoin reaches 33,333 days, 99.99999% of all possible BTC will be mined, leaving just 3 BTC for miners to compete over!
In my updated Bitcoin calculator 🧮, you can see the future where the block reward is only 1 satoshi.
https://bitcoinwave.net/btcpricecalculator.htm
https://bitcoinwave.net/btcpricecalculator.htm
What is the max pain price👹 for the semiannual options expiration day? Today, the last Friday of June 2025—closing date for Bitcoin semiannual options—shows a max pain price of $107,500, based on the chart. Coincidence?!
What does this mean? The price is manipulated, no doubt! This weekend, expect a price breakout. After months of suppression, where will it surge? You guess!
What does this mean? The price is manipulated, no doubt! This weekend, expect a price breakout. After months of suppression, where will it surge? You guess!
See how the first 3 waves are irregularly spaced, and then the flow of waves becomes stable. Think about Bitcoin before the first halving, setting up subsequent stable cycles.
Special Michael @Saylor's edition of the root-scale chart with bands:
Bitcoin reaches $21M at halving #12!
https://bitcoinwave.net/rootchart.htm
Bitcoin reaches $21M at halving #12!
https://bitcoinwave.net/rootchart.htm
The new Bitcoin Root-scale cycles chart is available online: https://bitcoinwave.net/rootchart.htm
The chart is interactive - to move or zoom, it is best to use the tools at the upper top corner or a mouse scroll. The legend allows you to select or deselect data.
The chart is interactive - to move or zoom, it is best to use the tools at the upper top corner or a mouse scroll. The legend allows you to select or deselect data.
All in one root based scale: price^1/5.4
1. Bitcoin price (root-linear scale, suggested by @stolsvik ),
2. Power Law (@Giovann35084111 ) of blocks (can you see a straight line?),
3. Damped harmonic oscillations (stabilized period - 210k blocks),
4. Exponentially decayed bands (asymmetric).
1. Bitcoin price (root-linear scale, suggested by @stolsvik ),
2. Power Law (@Giovann35084111 ) of blocks (can you see a straight line?),
3. Damped harmonic oscillations (stabilized period - 210k blocks),
4. Exponentially decayed bands (asymmetric).
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