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Shadovvhex
Feb 15, 2023 1:06 PM

Possible Future Peaks using "Fibs" and a little geometry. Long

Bitcoin Liquid IndexBrave New Coin

Description

I was half asleep and bored so I created a "Fib Channel" that is based upon Wick Lows to Close Highs. Lows are Blue (Cold). Highs are Red (Hot). Most of the angles are based on 2013 and 2017. I then broke it up into "Fib Channels" also from Cold to Hot over time. In these I created more details in the first "Fib Channel". The small "Fib Circles" run along the red Lines separating each "Peak" block. The large "Fib Circles" run from the low of each red line to the top of the next. I placed rough curves along the "Peaks" and "Lows" to predict possible resistances/supports.

It's rather simple though it seems busy and complex.

It's interesting to see how each circle runs through multiple significant events.

I've noted how this cycle's rounded-off top has brought the bear market early. We do not know yet if this means the next bull market or "peak" will be early or if we will just have an extended bear market until the next Peak. Time will tell.
Comments
arvine11
Fantastic chart and design! please we are thirsty and want more ideas from you
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