This is my Logarithmic BTC chart based on the stock to flow ratio from 2012-2020 onwards.
We can see BTC has proven to be the best performing asset class period with the best risk to reward ratio.
My Logarithmic chart represents fundamentals of-
Elliot wave theory bull runs 1235 followed by ABC corrections, Rinse and repeat.
Every corrective bottom from wave C was measured to the top of wave 5 which is the 1.68 Fib Extension
This also has logical cases for-
BTC halving,
Scars supply of only 21 million
Endless supply of QE in our monetary systems which BTC has proven to be a store of value towards inflation and a falling dollar
Market Cap increasing rapidly from mass adoption
Capturing Institutional interest
The outlook for future innovation will be digitization
" But hey wtf do I know"
We can see BTC has proven to be the best performing asset class period with the best risk to reward ratio.
My Logarithmic chart represents fundamentals of-
Elliot wave theory bull runs 1235 followed by ABC corrections, Rinse and repeat.
Every corrective bottom from wave C was measured to the top of wave 5 which is the 1.68 Fib Extension
This also has logical cases for-
BTC halving,
Scars supply of only 21 million
Endless supply of QE in our monetary systems which BTC has proven to be a store of value towards inflation and a falling dollar
Market Cap increasing rapidly from mass adoption
Capturing Institutional interest
The outlook for future innovation will be digitization
" But hey wtf do I know"
