jagottsicher

BTCUSD: brief idea about Bitcoin's future on a logarithmic

Long
BITSTAMP:BTCUSD   Bitcoin
The idea is that people always behave the same way confronted with similar circumstands.

So a look on a log scale for BTCUSD exposed a 85% capitulation after the last All Times Hight (ATH). Assuming that we reached the bottom and people will react like they did before but with bigger volume, it can be expected that the next high will need some time to develop.

Vertical green lines: reward halfings
Veretical blue lines: time fib

Time will show ...

I am interested in any comment. Feel free to ask any question.

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