As you can see, there is a pattern of tops and bottoms on BTC if we look on the logarithmic scale with fibonacci settings also on log. If this patterns continues we gonna have the next top on 200.000 area and the next bottom to 60.000 area. We have no reason to believe this pattern is broken so let’s see if and when we go there.
I can make the case that it's over, and I can make a case that the party is just getting started. This chart looks like it's only 7pm and we're on a beer run. Party on...
The chart is basically cut into pieces looking the distance between one all time high date to another One, one complete cycle. Currently we are at about 913 days about 30 candles(months). Assuming this cycle will be similar to the previous, we need 1492 days to reach the next all time high. We need about 19 more months to reach the all time high. Have a good one...
If ... WW3 doesnt come early like Alois Irrmaieers predictions goes... the next 3 years cycle for Bitcoin look quite decent...
wow I just placed those curves for fun then copied the candles and its crazy accurate lol #doggonacci
Bouncing between levels 1,2,3 is unpredictable . Balanced movement will cause a bounce up from the level 3 after the 1 wawe, I suppose it is most likely to happen,also because of the psychological importance of the 20k satoshis level . Breakthrough has to be very powerful. Can start moving from current price , but 50/50 likely to reach the bottom peak of the...
Self explanatory to the knowledgeable analyst, but if further clarification is necessary I refer you to my BTC $20000 - Full Analysis. Happy Trading!