BITCOIN The 5.3 is the magic number on every cycle
This is a breakthrough on Bitcoin charting as we've discovered the constant that is needed on each Cycle in order to calculate the gains of the next.
As you see Cycle 1 had 32700% gains. Cycle 2 gains were Cycle 1 gains (32700%) divided by the 5.3 constant = 61700%. Cycle 3 gains were Cycle 2 gains (61700%) / 5.3 = 11640%. Cycle 4 gains were Cycle 3 gains (11640%) / 5.3 = 2200%.
As for the bottom, it has been historically at or above the 0.382 Fibonacci level. That was at 20k and has been breached since June. Once a bottom is found we can again use the 5.3 constant to calculate the gains of Cycle 5!
Where do you think it will top and where do you expect the current bottom to be at?
Follow us, like the idea and leave a comment below!!
As you see Cycle 1 had 32700% gains. Cycle 2 gains were Cycle 1 gains (32700%) divided by the 5.3 constant = 61700%. Cycle 3 gains were Cycle 2 gains (61700%) / 5.3 = 11640%. Cycle 4 gains were Cycle 3 gains (11640%) / 5.3 = 2200%.
As for the bottom, it has been historically at or above the 0.382 Fibonacci level. That was at 20k and has been breached since June. Once a bottom is found we can again use the 5.3 constant to calculate the gains of Cycle 5!
Where do you think it will top and where do you expect the current bottom to be at?
Follow us, like the idea and leave a comment below!!
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