Bitcoin logarithmic regression bear cycle short. (Macro target: $16000).
Hex is in a daily ascending triangle. Momentum is rising and indications look healthy (huge potential for this breakout).
Offsetting the fib channel from my previous chart shows that this golden ratio channel is currently strong support. If this trendline continues hex would reach $17 before EOY
Hex fib channel using the huge 'glitch' wick as a pivot. This wick acted as a future target despite being extended 10x above the price at the time, proving it's validity in hex charting (imo).
Chart showing intersections between the Hex logarithmic fib channels and the curve
Bitcoin has formed a bearish Elliot wave cycle targeting $13000.
Uranium indications are bullish and signalling a strong reversal from a long-term downtrend.
QQE Daily has crossed down, and the RSI has been overbought for a while now. BTC looks to be curling to the downside (lower high).
Bitcoin has reached a maximum ROI of 100,000,000x when measured from the all time low in 2010. (The previous chart used an initial value of $0.05 per BTC): (Bitcoin All Time High) / (Bitcoin All Time Low) = ($64899 / $0.00062) = 104,675,806x An equivalent move by hex, measured from the all time low places the value above $1000 by May 2025: (HEX All Time Low) *...
Hex has been keeping pace with / outperforming BTC (when comparing both coin's launches). If this logarithmic trendline continues, the chart could look something like this over the next few years.
A possible fractal pattern that I have in mind. Will be interested to see if this one plays out.
Hex breaking out from a symmetrical triangle (4h). Short term target is $0.2