RATE Group | The 49-day Death Zone Could Suggest Very Fast Pullback
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The 49-day Death Zone Could Suggest Very Fast Pullback

07 Feb The 49-day Death Zone Could Suggest Very Fast Pullback

Posted at 08:57h in Bitcoin News by

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– Current BTC/USD price is $9785.973, up 0.33%, BTC/GBP is £7554.5516, up 0.15% and BTC/EUR is €8911.4317, up 0.33%

– A powerful time cycle in the work of WD Gann could suggest a very rapid pullback.

The Death Zone

WD Gann is one of the most important, mysterious and influential technical analyst and trader of all-time. He is one of the Fathers of Technical Analysis and trading.

What separated Gann from his contemporaries was his use of time as the primary tool for determining his trades. He measured time and his cycle in various ways. Some of his sequences are long and exist for 90-years. Others are much shorter and last only three or seven days.

Some of the most potent cycles that Gann ever wrote about were in veiled language and based on astronomic cycles (the science of astronomy). But there is one cycle that Gann wrote about that seemed to be given some special…

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