BItcoin: Recent history relative to prior
Updated
On the basis of earlier probabilistic map (which captured how price is being governed by golden rule on a bigger scale), I'd look for same relationship to interconnect the chart on the short-term too. So at this point it's also important
One of the earlier significant price developments would include the fact of bottoming late 2022 after the fall of -77%. Since currently the price is way above those levels, it allows the use of the line which connect covid and 2022 bottom. We also established that connection of two bottoms defines the wavelength 983 Days, thus the direction of that line can be used as axis of deviation plotted with fibs.
The direction of the fall of -77% can be used to define the frequency of cycles from late 2022.
Together they produce another interference patten that defines the uncertainty of the market. (Just to recap: The direction of fibs with shallow angle defines Price Deviation. Steep angle of direction defines the Time aspect of the waves. The steeper the angle the more it relates to timing.)
One of the earlier significant price developments would include the fact of bottoming late 2022 after the fall of -77%. Since currently the price is way above those levels, it allows the use of the line which connect covid and 2022 bottom. We also established that connection of two bottoms defines the wavelength 983 Days, thus the direction of that line can be used as axis of deviation plotted with fibs.
The direction of the fall of -77% can be used to define the frequency of cycles from late 2022.
Together they produce another interference patten that defines the uncertainty of the market. (Just to recap: The direction of fibs with shallow angle defines Price Deviation. Steep angle of direction defines the Time aspect of the waves. The steeper the angle the more it relates to timing.)
Note
Logarithmic Curve of highsNote
Composite cycles within bullrun waves
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