So, this is a slightly different look of another chart. Basically, we might be seeing this play out in real time. This pattern is scary where the price currently sits. and to where it can head. What is the pattern? Trace 2018 to Covid and then into recovery and correction. Bring that to the current move, pattern, wave... whatever you want to call it. It's...
Doing this just purely for fun so bear with me. Let's assume some voodoo patterns are going on with Bitcoin where the peak-to-peak cycles are lengthening by 22 bars (669 days, NICE) each cycle (1st cycle 27 bars then 49 bars then 71 bars), that would put the next macro peak around November 2023. Now let's assume price appreciation from peak-to-peak is consistent...