Crypto-Coin-Trader
Long

If the ratio between ATH is decreasing by a half, then ....

BNC:BLX   BraveNewCoin Liquid Index for Bitcoin
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If the ratio between ATH is decreasing by a half, then i can predict the next ATH ... just math!

For this theorie, i just looked at the decreasing of percent for each all time high to the next one.

This is like x 64 ... x 32 ... x 16 (but not so accurate)

We saw a major bullrun from 0.39 USD to round about 30 USD ( ~ 77x )
We saw the next ATH at 1 143 USD ( ~ 38 x )
We saw the last ATH at 19 417 USD ( ~ 17 x )

The multiplication is cut in half each time. Because of this i predict the next 2 ATH just by using simple math:

19 417 x 8 = 155 336 USD
155 336 x 4 = 621 344 USD

In the chart, the values are not perfect because of scale, but i think you get the point ;-)

No financial advice!
I just want to leave it here and visit in 2021 and 2025 :-)
About 90–95% of the traders /investors CONSISTENTLY lose money on Crypto Market either in a bull or bear market. This is a well-known and publicized statistic.And it’s true!



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Crypto-Coin-Trader CryptoEngineering
@CryptoEngineering, true words. Your chart looking quite bullish too. On the long run, iám really confident with Bitcoin rise, but if someone uses future / leverage trading... he or she should be very careful!
+1 Reply
CryptoEngineering Crypto-Coin-Trader
@Crypto-Coin-Trader, Thank you dude, I also like your TA strategy. Good luck on your trading.
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well done
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@oaksacorn, thx. In a few years, we will see how it plays out :)
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