Original idea:
Current idea:
This parabolic Time curve mimics the Price expansion against Time. It looks the way it is, because of natural expansion of the market and the fact that as we move into the future with overall increasing Market Cap, for making similar % like in the past, market needs RELATIVELY more resources.
For example it was easier to make 100% in the beginning just from a movement from 1 to 2 cents. Now even if a million $ gets pumped up into BTC, it will have relatively smaller % than of a decade back circumstance.
Breaking below will have irreversible damage to confidence of all involved in this market. Added general Fib Channel for projecting overall timing and levels in case of such collective desperation.
So far Bitcoin doesn't look that bad.
Replaced .414 with real fibs expect for shallowest FC.
Building next idea which will cover all spaces in the chart.
Current idea:
This parabolic Time curve mimics the Price expansion against Time. It looks the way it is, because of natural expansion of the market and the fact that as we move into the future with overall increasing Market Cap, for making similar % like in the past, market needs RELATIVELY more resources.
For example it was easier to make 100% in the beginning just from a movement from 1 to 2 cents. Now even if a million $ gets pumped up into BTC, it will have relatively smaller % than of a decade back circumstance.
Breaking below will have irreversible damage to confidence of all involved in this market. Added general Fib Channel for projecting overall timing and levels in case of such collective desperation.
So far Bitcoin doesn't look that bad.
Replaced .414 with real fibs expect for shallowest FC.
Building next idea which will cover all spaces in the chart.