Elijah144

No Wonder Bitcoin is referred to as Digital Gold...

Long
Elijah144 Updated   
BITCOKE:BTCUSD   None
Below is an image of the Bitcoin chart with Gold imposed over it:
Below is a series of three images for the Silver chart:
Below is the Gold chart:
The fibonacci spirals line up nicely all around. It seems as if we could see both Gold and Silver appreciate nicely over the next eight to ten years, so when Bitcoin is reaching the millions. The green and red fib retracements with respect to the yellow retracement tool denote the pattern for Silver and Gold. For example, Gold began its first bull run at the 0.382 and began our current bull run at the 1.414, so we have 0.382 and 0.414... these are essentially the same retracement, which is why it has began it's bull run there both times so far; the idea is that it bottomed out again on the 0.382, but just another level up, which is the plus one equating to 1.414. Same rule for the high from 2 to 3 on Gold. Silver looks to be finishing a nice cup and handle, which the target for this pattern nicely lines up with the fractal I have placed on our current time from the last bull run during 1972 to 1980. To clarify, I have used the fib spirals as the basis for my wedge patterns on Silver and Gold. Maybe just crypto will go up, and these tangible commodities will be left behind, but we shall see.


Comment:
I'm not saying the top will occur during July, but just during the second half of the year, and if the decay is exceptionally long up until the end of the year; although I'd have to image it will occur before/by August.
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