Bitcoin Market Cycle Analysis- Golden Ratio
NOTE: The trend lines align perfectly from the bottom to the top of each market cycle before publishing. Once I publish, the angle trend lines become skewed. Draw your own trend line angle to see for yourself what I am discussing...
As we all know, the Golden Ratio shows up everywhere in Nature. Here is another example of the mysterious figure showing its face, though with rather grand implications...
The angle of each market cycle arises from the bottom of a bear market to the peak of the next bull market. The angles by themselves provide little information. The true magic lies within the relationship between the angles.
Dividing the previous market cycle angle by the following market cycle angle yields a number close to 1.618, the Golden Ratio.
It could be a coincidence, and my hope that this phenomenon relates to the Golden Ratio is simply a figment of my imagination. Hence, why I am publishing this for everyone to decide for themselves, because I may be lost in my Fibonacci Fantasy.
Cheers.
As we all know, the Golden Ratio shows up everywhere in Nature. Here is another example of the mysterious figure showing its face, though with rather grand implications...
The angle of each market cycle arises from the bottom of a bear market to the peak of the next bull market. The angles by themselves provide little information. The true magic lies within the relationship between the angles.
Dividing the previous market cycle angle by the following market cycle angle yields a number close to 1.618, the Golden Ratio.
It could be a coincidence, and my hope that this phenomenon relates to the Golden Ratio is simply a figment of my imagination. Hence, why I am publishing this for everyone to decide for themselves, because I may be lost in my Fibonacci Fantasy.
Cheers.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.