Bitcoin vs Physical Silver gives a calmer view of bitcoin value increase.
It follows a repeating trend of bitcoin supply halving (yellow), followed by supply shock run-up to correct value (orange circles).
Each halving has consisted of 3 phases (blue) we are entering the breakout price discovery phase, with potential 15x return against silver.
It follows a repeating trend of bitcoin supply halving (yellow), followed by supply shock run-up to correct value (orange circles).
Each halving has consisted of 3 phases (blue) we are entering the breakout price discovery phase, with potential 15x return against silver.
Comment:
Breakout not achieved, more sideways (maybe some down) consolidation.
Comment:
Breakout achieved, more confidently this time.
Comment:
given we've broken out, I recalculated and including the current price change. 12x increase from current position is estimated not 15, but who's counting? peak at 85000 on this scale
Comment:
ready to bounce up
Bitcoin not breaking out against Gold 1/BTCXAU yet.