TheDarkEconomist

BTC - The Fib Path Of Adoption, 2021+

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Realised I hadn't updated this for a while after having worked on it some more so here you go.
Interestingly came across a similar chart on FinTwit, so nice to know someone somewhere has drawn similar conclusions.

I believe the FIB ratios are important here as BTC is riding an adoption wave, with each wave proving less and less volative, and becoming more and more frequent until it hits a 'terminal' point where perhaps it becomes fully adopted and begins to follow more traditional Commodity / SOV patterns, won't be long for that now!

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out