Elijah144

We should just call Bitcoin... Fibcoin

Long
Elijah144 Updated   
BITCOKE:BTCUSD   None
For starters, the below chart is meant to clearly depict the three separate phases within one full cycle. The first phase is blue, the second is yellow, and the third is green... Ignore price for this chart:
Within the posted chart: Broadly, what is pictured is what Bitcoin would look like if it were to continue to adhere to the same fib levels it has reached each time for twelve years with respect to intrinsic logarithmic decay (lengthening cycles, diminishing returns), which the functional pair that forms this decay are the halvenings and Fibonacci levels; the halvenings form the temporal decay whereas the Fibonacci levels adhere to a fractal-like decay in price percent change—what I mean by fractal-like is the fact that it continues to hit the same Fibonacci levels, but when compared to previous cycles the percent change is less—I suppose this does make sense given the nature of the Fibonacci sequence is essentially that of a fractal. The white boxes represent phase one, the turquoise boxes phase two, and the pink boxes phase three, then looping full circle back to phase one again to form the next cycle. I originally measured the phases to be approximately double the length of the previous one, then later had the idea to label all of the halvenings I could, which further affirms the doubling nature of Bitcoins time frame. The halvenings are denoted by the black-vertical-dashed lines every four years. Bitcoin has been around for twelve years and so far we have observed that it only takes one halvening (four years) to ignite a bull run, but as temporal decay kicks in the number of halvenings needed before a bull run begins will increase, furthermore, farther out into the future, one day, people will be observing that what I will call the true halvening is no longer every four years but every eight years—two four year halvenings—or eight four year base halvenings producing thirty two years until a true halvening, or four base halvenings producing sixteen years before true halvening—this is being applied to phase three as it is the longest phase and the end of the cycle—technically, you can also combine phase one and two together to create a two phase cycle; the combination of phase one and two is rather similar to phase three—and, if you notice, the halvenings produce the doubling sequence within phase three as time moves forward, but as one analyzes this they realize there really is no point in the timing of the halvenings... that anytime is a good time to buy Bitcoin because—as long as society does not collapse—Bitcoin will not go down as far as I am concerned, and I don't say that arrogantly. If I had all of the halvenings labeled you would also see another doubling pattern form, which occurs by the end of any given phase three. The number of halvenings that occurred within the just formed phase three will be half that of the halvenings up to the beginning of phase three; the number of halvenings occurring before any given phase three will be double that of the following phase three. What is striking about the doubling sequence is that it is the same mathematical law by which our bodies cells divide, and, as some of you may already know, the Fibonacci sequence is present in nature from micro to macro—from atom to universe. Reality is a psycho-physical manifestation and there is no disputing this; Bitcoin is also psycho-physical, and it makes sense because Bitcoin/block-chain is a mind-boggling technological leap. The below chart portrays the halvening rule I just explained:
So far Bitcoin has only completed one cycle. Phase two marks its high at the ~2.414 Fibonacci level with respect to phase one. Phase three marks its high at the ~3.414 level with respect to phase one. Phase one bottoms out at the ~2.618 Fibonacci level with respect to the previous cycles phase one. Phase two, with back reference to the yellow lightning bolt pattern in the beginning chart, bottoms out within the 1.272. to 1.414 Fibonacci range with respect to phase one. Phase three bottoms out at the ~1.618 Fibonacci level with respect to phase one. The below chart depicts the above Fibonacci level rules for phase one and three only:
Fibonacci spiral-codex rule: I have various Fibonacci spirals drawn, such as from beginning of phase one to phase three for cycle one, or phase spirals of so. Of which Fibonacci spiral this is applicable to: connect the tails of a spiral to the high of phase two or phase three, which are denoted by the white curves.

The Fibonacci time tool is placed from beginning to end of cycle one; I placed halvenings next to the Fibonacci times just to specify the ones that they occur within close proximity of. Each of the Fibonacci times produce fantastic buying prospects.

I did not provide the 64 halvenings within the final phase three reaching into the 2800's because the date counter disappears at that point, which makes this process very, very annoying.

I'm expecting this next bull run, which is the second leg of phase two, to, at the latest, extend into approximately June-August of this year with a price range of $150k to $500k. ~2140 marks the time range of the final Bitcoin mined.

Ultimately, Bitcoin is a beautiful Fibonacci log curve.

Still image of the posted chart:
Comment:
Bitcoin could possibly touch back down to the ~$28k area again before going back up this year, or it could not. Either way I believe we are still in the clear.
Comment:
*MUST READ LINKED BITCOIN ANALYSIS*
Comment:
To be safe, waiting until the end of 2022 will be best just to make sure you do not miss out on this crypto market opportunity, and this is personally what I will be doing, despite me thinking it’s most likely for Bitcoin to top around eight months into this year… unless Bitcoin has clearly topped by my projected date range or earlier, then you should be inclined to sell before Bitcoin loses ~90% of its value.
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