Ridgeback32

Ridgeback32

As Bitcoin_ moves through the correction and recovery cycle it appears to closely be following an elliptical curve based on a known mathematical equation. Now being past the semi-axis of the curve, it appears as though we have entered the recovery phase. This chart shows the price of Bitcoin_ encompassed between two elliptical curves of near equal size with a...

Ridgeback32

The market has reached the minimum of the parabolic elliptical shape it has assumed since the last price expansion eight months ago (December 2017). The market assumed similar symmetry in the periods between December of 2013 and January of 2017. Once the market cleared the ellipse a period of hyper-expansion took place in which the price shot up 17X from the...