Bitcoin PA since 2009 has made a special Arc
Much of the description is in the chart But, since Oct 2009 to the present day, Bitcoin PA has effectively be confined by a "618" Fibonacci Arc, which is part of a Fibonacci spiral.
But what is more interesting is how it would look like PA has risen above that arc for the first time ever
As we can see, the Arc was flattening out, PA had to react or, to follow the Arc, would make PA follow the Spiral DOWN
So is this the start of a new cycle ?
The Very oversolf Monthly MACD certainly points towards a ppush up on the way
The figures used in the Calculations are subject to a % of tolerance of inaccuracy but, when I have more time, I will dive in deeper.
But simply, as you can see, there are 4 stages, each with a % increase, and they have been getting smaller, which has led to the PA curve beginning to flatten out.
Of course, this is a LOG chart, this does not work on a Linear chart
I am happy to discuss this, I welcome people View and Idea on this..as...well..If this is end of cycle, we need to figure out where we are going NEXT
This is just an idea and by no means a prediction
But what is more interesting is how it would look like PA has risen above that arc for the first time ever
As we can see, the Arc was flattening out, PA had to react or, to follow the Arc, would make PA follow the Spiral DOWN
So is this the start of a new cycle ?
The Very oversolf Monthly MACD certainly points towards a ppush up on the way
The figures used in the Calculations are subject to a % of tolerance of inaccuracy but, when I have more time, I will dive in deeper.
But simply, as you can see, there are 4 stages, each with a % increase, and they have been getting smaller, which has led to the PA curve beginning to flatten out.
Of course, this is a LOG chart, this does not work on a Linear chart
I am happy to discuss this, I welcome people View and Idea on this..as...well..If this is end of cycle, we need to figure out where we are going NEXT
This is just an idea and by no means a prediction
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