An update post: Bitcoin is still following it's intrinsic Fibonacci pattern very, very clearly, and as I have already stated I do not foresee Bitcoin closing below the 1.272 or, at any moment in future-present time, dropping the body of a candle below the 1.272 of the phase we are currently in, whereas a wick down to the 1.272 was at the very least expected. Man... just look at those Fibonacci spiral-channels puttin' in that beautiful predictive power! As always, I could be blatantly out of my mind and wrong, and Bitcoin could crash tomorrow, as anything is possible, but I do not foresee this as the most statistically probable likelihood. The most likely price target range is $250k to $300k according to the Fibonacci pattern, but if FOMO goes absolutely bonkers, then I am open to a price upwards of $500k, but I do not see this as most likely because I believe the intrinsic Fibonacci pattern rules all. If you wish to delve into the intricacies of my Bitcoin findings the linked analysis and any of the linked analyses linked analysis that you haven't yet read will fill you in—talk about a tongue twister of a sentence... ha, ha. Here we go... CHUGGA, CHUGGA... BITCOIN!!!
Still image of the chart since the interactive chart displaces my analysis a tad bit:
Still image of the chart since the interactive chart displaces my analysis a tad bit:
Comment:
The following image portrays the addition of the ascending channel (neon green) Bitcoin has been in for the last approx. eight years, which it entered upon the breakout of the originating phase one (white box) beginning its first ever bullish phase two (turquoise box), and as you can see we are currently resting on the 0.618 golden ratio with respect to the Fibonacci channel; the coming second phase three (pink box) will find its high (approx. two million per Bitcoin) within the range of the 1.272 to 1.414 with respect to the Fibonacci channel:
Comment:
Our coming phase three will break this ascending channel, which nicely lines up with transitioning of Bitcoin into the next epoch of halving decay; this means we will experience a total of two halvings before the ATH is reached, as compared to the one halving Bitcoin has needed so far. The halvings are depicted by the vertical, dashed lines. Yes, I have specifically just denoted the halvings within phase three as this is where the halving decay sequence is predominantly produced, which is the doubling sequence and is the same sequence our bodily cells divide by!
