This chart uses a combination of logarithmic growth curves, Fibonacci extensions and an in depth analysis of accumulation, reaccumulation and bull phases using the durations of these phases to determine how a parabola may play out in 2024, what kind of prices could be anticipated, and within what time window.
Detailed data is also taken from the RSI in monthly...
Here is a long term growth curve of Bitcoin. The coloured curves inside the white lines are set to Fibonacci values. The purpose of this chart is to help long term Bitcoin investors clearly identify different phases of the market cycle.
Most importantly:
Euphoria - when price approaches the top white line.
Capitulation - when price returns to the bottom white...
