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Bitcoin Cycle Regression Trend Analysis

Bitcoin (INDEX:BTCUSD)  
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INDEX:BTCUSD   Bitcoin
Trend Analysis Fibonacci Economic Cycles BTC cycle regressionanalysis
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trendanalysis fibonacci economiccycle btc cycle regressionanalysis
Looking at price retracements from prior cycle ATH's to ATL's we find bitcoin retracing slightly less each time. Regressing the sequence yields about 82.6% from Bitcoin's 69k cycle ATH, putting the projected cycle low in the 12 K area.

Red channel is a potential channel formation to watch for.

Arrows serve as a visual aid of waning trend momentum cycle over cycle.

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