Here's a derivative from an ideally played track, Marking the Highs and lows, ignoring the flutter. You can see how Short points narrow and stretch from Long points, indicating the current market trend. But also how the rythm squeezes togheter and reverses the direction of the market, And also how the market turns in a long stretch.
I'm not really convinced of anything this longterm though,and there are limiting forces when reaching new orders of magnitude. But beyond that on the midterm: waves, rythm and repetition seem to rule, making playable patterns. This too will be true for the longterm.
So this analyses, is a guide, to take a few steps back, and look at the big picture; Its supporting trend, will it break, and curve downwards ushering the end of bitcoin before its peak ? And its rythm, to give some sense to real lows and highs, and derive from them the current trend.
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