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.
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