Vol_to_Valuation

BITCOIN VOODOO MATH

Long
BITSTAMP:BTCUSD   Bitcoin
Doing this just purely for fun so bear with me. Let's assume some voodoo patterns are going on with Bitcoin where the peak-to-peak cycles are lengthening by 22 bars (669 days, NICE) each cycle (1st cycle 27 bars then 49 bars then 71 bars), that would put the next macro peak around November 2023. Now let's assume price appreciation from peak-to-peak is consistent at 11.5x prior peak like it was in the first and second shaded areas. If that holds true, then the next macro peak should be around $158,000 at or around November 2023.

Enjoy!

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