How To Predict Bitcoin Using The Golden Ratio!
From looking at bitcoin’s previous cycles and using the golden ratio multiplier of the 350 DMA, I believe we won’t reach $20k for at least another 6-8 months.
We need to be more realistic when it comes to timing all time high’s in price. The golden ratio doesn’t lie and this method I am showing has worked for the past decade perfectly for calling market cycle tops and medium term price swings.
First, take a look at everything i’ve marked on the chart from all the previous cycles starting in 2012 and you will see the top of each market cycle touches the 350 DMA multiples of the golden ratio.
Starting in 2013 we touched the 350 DMA x 13
2014 we then went down to the next DMA golden ration multiple of x 8... then 2017 we touched the 350 DMA x 5 (Blue). This leads me to believe this next market cycle will have to top off at the purple line which is the next golden ratio multiple of x3.
This makes perfect sense as I believe each market cycle will take longer and longer as the market becomes bigger and more mature.
From my previous post, I pointed out that we are due for a correction down to the 350 DMA x 1.618 and then later the 111 DMA (Gold Line). I’m still firm on this situation happening over the next few months because we are just way too high in price right now and the Daily Moving Averages need to catch up.
All the DMA’s are in a steep uptrend and we want to see that purple line (350 DMA x 3) rise as high as possible because that will be the market cycle top!
From looking at when these DMA’s cross you can tell when the price will begin rising dramatically and you can also tell when the bull run is as it’s peak!
How? Well, historically whenever the gold line crosses the blue line the price goes to new heights rapidly. Then whenever the gold and the green lines have crossed we have reached a market cycle
top! Look at all of the previous cycles on my chart as i’ve marked each time this has played out perfectly!
Why does this work so perfectly? I don’t truly know. The only explanation I have is that it’s just the nature of consciousness. The market of bitcoin is a growing collective of consciousness, the more people entering this market the more accurate it becomes and the more the golden ratio will likely apply. You can use it in other financial markets but I feel it applies best here since there’s not as many factors besides speculation right now in bitcoin.
The golden ratio can be seen everywhere in nature, like a snail shell, patterns on plants, the galaxies in space, and I believe psychologically it applies too. Consciousness is constantly only trying to understand itself, and that’s all life is really trying to do, and it just mysteriously plays out it the golden ratio 1.618034.
Thanks for tuning in, I hope this gives you more clarity in this market :) IG: smack
We need to be more realistic when it comes to timing all time high’s in price. The golden ratio doesn’t lie and this method I am showing has worked for the past decade perfectly for calling market cycle tops and medium term price swings.
First, take a look at everything i’ve marked on the chart from all the previous cycles starting in 2012 and you will see the top of each market cycle touches the 350 DMA multiples of the golden ratio.
Starting in 2013 we touched the 350 DMA x 13
2014 we then went down to the next DMA golden ration multiple of x 8... then 2017 we touched the 350 DMA x 5 (Blue). This leads me to believe this next market cycle will have to top off at the purple line which is the next golden ratio multiple of x3.
This makes perfect sense as I believe each market cycle will take longer and longer as the market becomes bigger and more mature.
From my previous post, I pointed out that we are due for a correction down to the 350 DMA x 1.618 and then later the 111 DMA (Gold Line). I’m still firm on this situation happening over the next few months because we are just way too high in price right now and the Daily Moving Averages need to catch up.
All the DMA’s are in a steep uptrend and we want to see that purple line (350 DMA x 3) rise as high as possible because that will be the market cycle top!
From looking at when these DMA’s cross you can tell when the price will begin rising dramatically and you can also tell when the bull run is as it’s peak!
How? Well, historically whenever the gold line crosses the blue line the price goes to new heights rapidly. Then whenever the gold and the green lines have crossed we have reached a market cycle
top! Look at all of the previous cycles on my chart as i’ve marked each time this has played out perfectly!
Why does this work so perfectly? I don’t truly know. The only explanation I have is that it’s just the nature of consciousness. The market of bitcoin is a growing collective of consciousness, the more people entering this market the more accurate it becomes and the more the golden ratio will likely apply. You can use it in other financial markets but I feel it applies best here since there’s not as many factors besides speculation right now in bitcoin.
The golden ratio can be seen everywhere in nature, like a snail shell, patterns on plants, the galaxies in space, and I believe psychologically it applies too. Consciousness is constantly only trying to understand itself, and that’s all life is really trying to do, and it just mysteriously plays out it the golden ratio 1.618034.
Thanks for tuning in, I hope this gives you more clarity in this market :) IG: smack
Comment:
Shoutout to Phillip Swift for originally sharing the golden ratio multiplier indicator (@PositiveCrypto) has opened my mind up a lot and I would highly recommend reading his article on it as well.