empathicLeader13655

Bitcoin is just math

INDEX:BTCUSD   Bitcoin
The function graph overlaid here is the graph for f(x)=100log(x) which is almost identical to the weekly growth chart of bitcoin . The solid green, blue and red poly-lines are the current logarithmic maximum, average and minimum respectively. The dotted lines are my interpolation of them continuing further to the 2024 project halving. I think we have hit the top yet and are just resting for a bit. We could drop a little more, but not much more because volume will spike and that will ignite a solid bull run, if it doesn't it'll be a slow momentum gainer for this year primarily. In the end bitcoin is a programmed in my opinion because of fixed supplying, a controlled growth coefficient (the halving reward), so purely it is supply and demand matches for price in a fixed logarithmic way. All the markets macro negative and positive trends just accelerate it to the check points where it will trend reversal and start a new. Just hang tight and buy the dips.
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