BTCUSD: brief idea about Bitcoin's future on a logarithmic
The idea is that people always behave the same way confronted with similar circumstands.
So a look on a log scale for BTCUSD exposed a 85% capitulation after the last All Times Hight (ATH). Assuming that we reached the bottom and people will react like they did before but with bigger volume, it can be expected that the next high will need some time to develop.
Vertical green lines: reward halfings
Veretical blue lines: time fib
Time will show ...
I am interested in any comment. Feel free to ask any question.
So a look on a log scale for BTCUSD exposed a 85% capitulation after the last All Times Hight (ATH). Assuming that we reached the bottom and people will react like they did before but with bigger volume, it can be expected that the next high will need some time to develop.
Vertical green lines: reward halfings
Veretical blue lines: time fib
Time will show ...
I am interested in any comment. Feel free to ask any question.
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