At the turn of tonight’s weekly close, Bitcoin will have reached 144 weeks from the asset’s all-time high at $20,000. On this crucial date, Bitcoin price is currently trading at roughly 50% from the high. But it could be the last time the asset is priced any lower, according to the previous bull market and this mysterious number.
Why is the number 144 so special to financial markets, and what could this mean for the first-ever cryptocurrency?
Does Time and Date Matter As Much To Financial Markets As Price, Patterns, And More?
According to Wikipedia, math is so powerful and mystical that there is “no generally accepted definition for the term.”
It includes the study of quantity, structure, space, and change – all of which relate to financial markets in ways not fully understood.
Assets are bought and sold in various quantities, market structure takes on different shapes, and prices frequently change across space and time.
Related Reading | Ancient Math May Be the Key to Making Crypto Bull Market Riches
Geometrical shapes make up trend lines or chart patterns, while algebraic formulas are the base of most trading indicators. Each degree of an angle is broken down into 60 “minutes” and then further into 60 “seconds.”
This is precisely where the concept of time came from, and why each hour is broken down to 60 minutes and then each minute into 60 seconds.
Now here’s
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