just curious if this analysis will play out.
If you zoom out of the chart, you will se that I compare the 2011-2013 run Vs 2015-2017 run and I estimate the next pivot for BTC.
some findings:
- cycle lengthen 2015 Vs 2011 >1.25
- cycle lengthen 2018 vs 2011 > 1.70
- peak to low speculation
2018 Vs 2011>1.70
If you zoom out of the chart, you will se that I compare the 2011-2013 run Vs 2015-2017 run and I estimate the next pivot for BTC.
some findings:
- cycle lengthen 2015 Vs 2011 >1.25
- cycle lengthen 2018 vs 2011 > 1.70
- peak to low speculation
2018 Vs 2011>1.70
bottom came a bit before prediction.
where BTC is now, @24500, this can be a launch pad if it can hold this level. It is the 0.5 of the Gann Fan which most times propels significantly upwards. Up until the blue Gann Fan line @42700.
If 24500 doesn't hold expect 17640