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fract
Sep 22, 2018 5:12 PM

Bitcoin ATH 

Bitcoin / U.S. dollarBitstamp

Description

Time Fractal config

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rel.

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Observation: Decline occured on time fib of 0.236

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0.382 fib - reversal timing

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right on 89 fib
Comments
RealMcafee
Your 0.618 mark coincides with the prospective date of the 2020 halving when mining revenue will be cut in two, since you love history so much you should know this has never occurred at the bottom.
fract
@barclayjames, then zoom out and see the higher levels of 0.618 time fib :)
RealMcafee
@investa, No idea what that means.
fract
@barclayjames, try harder
RealMcafee
@investa, Whatever...
fract
RealMcafee
@investa, yes I have seen this already. It has been my hope for several months. I would prefer people did not publish this. Why do you tell everyone such potentially valuable information? Do you understand the game we play? We are playing against a rigged system. it is completely controlled by criminals. Vast majority of people will lose money or win very little. The market makers will win the most. They must transfer vast amounts of wealth from the many to the few. If people accumulate too much at support they will dump the price and find a lower support.
RealMcafee
@investa but since you posted. it indicates that Bitcoin could potentially become a stable coin over the next few years. That would give the space enough volatility and stability to pump alts. If possible I think BTC will become an instrument like gold?
RealMcafee
@investa, haha sorry, looks like I spazzed out quite a bit. It's a nice chart, good to see you're not just bear ;)
fract
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