Long-term fibanalysis/projection of major logarithmic BTC cycles
I was just playing around and noticed some very interesting patterns that seem to fit rather well into the log projection... I really wish that I could put it on the curved log chart, but my wojak brain hasn't evolved far enough to be able to figure out how to do that yet...
The interesting thing was that, when I was playing around with it, I found the cycle to flicker back and forth between 5 and 6 years, depending on certain factors and timeframes being considered, which I think can mostly be attributed to Mt Gox adding a 1 year blip to the cycle, which then caused a 1 year wave that we're still riding. Totally my opinion... and I'm sure that TA purists will flame me for it... because nothing that happens in the real world affects the charts... right? But don't the charts just also provide a reflection to what is happening in the real world?
Anyway, I get the feeling that this coming cycle will again be back to 5 years, if there are no new party poopers (yeah right).
If a PP shows up (G20 regulation? binance hack? binance bending to SEC and denying access to US?) then we can add another year to the current cycle's projection.
It also occurred to me that every cycle might be lengthening 1 year by default... I guess we'll see, but that would kinda... suck.
What do you think?
The interesting thing was that, when I was playing around with it, I found the cycle to flicker back and forth between 5 and 6 years, depending on certain factors and timeframes being considered, which I think can mostly be attributed to Mt Gox adding a 1 year blip to the cycle, which then caused a 1 year wave that we're still riding. Totally my opinion... and I'm sure that TA purists will flame me for it... because nothing that happens in the real world affects the charts... right? But don't the charts just also provide a reflection to what is happening in the real world?
Anyway, I get the feeling that this coming cycle will again be back to 5 years, if there are no new party poopers (yeah right).
If a PP shows up (G20 regulation? binance hack? binance bending to SEC and denying access to US?) then we can add another year to the current cycle's projection.
It also occurred to me that every cycle might be lengthening 1 year by default... I guess we'll see, but that would kinda... suck.
What do you think?
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