Bitcoin has been expanding at the true Golden Ratio, 1.618 increases. Bitcoin has had three such waves growing out of the 3.1k bottom in 2018. Previously, every bottom to peak cycle has been of a similar type (1.618x).
This growth pattern is the only way Nature grows any object or life-form. It is not as common in financial markets, except for in bubbles and Bitcoin :) Common is a "Linear" growth (2.618, 3.618, 4.618, ..9.618) as are most of my fib plots.
Notice the relevance of each of these lines when approached from either side. Like rips in the Time-Space, all matter/energy must pause, retract, reconsider. The entire energy/money/emotion somehow reacts exactly at 9574 and 19 cents!
Thus the unseen Order behind the observed Chaos. .
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Ordered Chaos
every Wave is born from Impulse, like a Pebble into Water. every Pebble bears its own Ripples, gilded of Ratio Golden. every Ripple behaves as its forerunner, setting the Pulse.
each line Gains its Gravity . each line Tried and Tested. each line Poised to Reflect.
every Asset Class behaves this way. every Time Frame displays its ripples. every Brain Chord rings these rhythms.
He who Understands will be Humble. He who Grasps will observe the Order. He who Ignores will behold only Chaos.
Ordered Chaos
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As always impressive. Still beats my imagination how those prices hit those points
EuroMotif
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@PlatinumEntrepreneur, Indeed!
I am in awe every day. This happens in all assets in all time frames.
From weekly candles on Gold to 1 min candles on BTC to 10 sec candles on S&P Emini futs, fractals within fractals, always with a rhythm.