Elijah144

Bitcoin: The Fibonacci Log Curve

Long
BNC:BLX   Bitcoin Liquid Index
*MUST READ LINKED ANALYSIS*

The linked analysis on Bitcoin possesses most of the "meat" for my full analysis of Bitcoin; for the posted chart, ignore price and time and focus on the visual idea... this is just meant to portray my idea of what could happen once all of the Bitcoin are mined—the related idea provides price and time accuracy. Once all of the Bitcoin are mined I believe Bitcoin will either continue its intrinsic pattern (blue), which is explained in the related idea, or have a super cycle like never before (yellow), or it will completely fall to ground zero in the time it took to reach the cosmos (red). The corrective waves alternate from phase one to phase three, which is elucidated within the linked analysis. The price target for the yellow path is the 1.618 level with respect to the beginning of Bitcoin until its price during the 2140's when the last Bitcoin will be mined. I find it very satisfying that phases two and four for the yellow path perfectly align with the alternating corrective phases in the blue path—with the last corrective phase acting as a "bridge" between the two yellow paths. Finally, as a fourth unifying outcome—by unifying I am referring to metaphysics, so if you know, you know—Bitcoin could perhaps develop a new intrinsic pattern once all of them have been mined. I believe that the odds are far more in the favor of the intrinsic pattern never changing, but I don't think humanity will be here until 2140—at least the society then will have no use for Bitcoin—and I definitely won't be here, so ultimately none of this really matters to me. Really... none of this matters to me; I mainly analyze cryptocurrency because I find a passion in the charts. In truth, I despise money. I think the world would be far better off without it... why can't we all just get along and create a society out of harmony and neighborly love, not money and selfishness? The unfortunate truth of humanity is that we do not possess the ability to form a utopia, which is why they have always failed all throughout history and always will in the hand of a human. As many of you may notice, and I'm sure there are just as much who are blind to it, but the world is going to a very, very dark place quickly and may we only pray we make it out saved. Enjoy my brief Ted Talk...
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