Guess 1 - Ratio of Gold's %change from Cycle1 to Cycle2's <estimated target> applied to Bitcoin Guess 2 - Ratio of %change between Gold Cycle1 and Bitcoin Cycle1 applied to Gold Cycle2 to estimate Bitcoin Cycle2 Target in easyspeak: using the cycle low -> high % change ratio
Gold Cycle1 %change = 96% Gold Cycle2 %change = 77% based on speculative target 2900, homage Curt also Bitcoin's market structure ditto's gold - Market Singularity Bitcoin Cycle1 %change = 18,643% Bitcoin Cycle2 %change = ??? what is the top
Guess 1 Apply ratio of <Gold's Cycle1 to Cycle2 %change> to Bitcoin Cycle2 Gold Cycle1 and Cycle2 %change (new/old) - 1 = (77/96) - 1 = -19.8% Gold Cycle2 ran 19.8% lower Bitcoin Cycle2 run 19.8% lower Bitcoin Cycle2 %change = ?? (new/old) - 1 = %change (??/18,643) - 1 = -0.198 Bitcoin Cycle2 %change = ?? = 14,951% Applied to Bitcoin Cycle2 Target Bitcoin Cycle2 bottom = 28,743 Add in %change = 28,743 * 149.51 = 4,297,365.93
4 million dollar Bitcoin
Guess 2 Apply ratio of <Gold's Cycle1 %change to Bitcoin Cycle1 %change> to Bitcoin Cycle2 Ratio of Gold Cycle1 and Bitcoin Cycle1 %change = (new/old) - 1 = (18,643/96) - 1 = 193.2 Bitcoin Cycle1 %change of 18,643% is 194.2x Gold Cycle1 %change of 96% Applied to Bitcoin Cycle2 Target Gold Cycle2 ran 77% Bitcoin Cycle2 runs 194.2x what Gold Cycle2 Ran 77%* 194.2 = 14,953.4% = %change of Bitcoin Cycle2 from bottom to Target Bitcoin Cycle2 bottom = 28,743 Add in %change = 28,743 * 149.53 = 4,297,940.79
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.