Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Fib channel config of uptrend fractal starting from 2020. Testing QM principle of uncertainty of (upward and downward) spin of particle and relating it to the condition of the market where nobody can tell if the price goes up or down, thus we have similar setting of uncertainty with fib channels of upward and downward directions. Either way market goes, the price action will always react to the fib lines. Hence, the levels where the fib lines cross produce set of probabilities. This will always be the backbone of my further works.
Scheme can be used to compare your targets and determine if they are justified by the laws of golden ratio.
Based on outcome of graph below:
Comment
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REPLAYED
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Let's qualify this as breakout till resistance 1.272
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Another example of price entanglement exposed to fibs and 1.414 der
Hi Fract! I have an earnest claim to make: Bitcoin's first Halving event + Terrence McKenna's Timewave Zero + The Mayan Calendar all converged on the same date: December, 2012. keep up your Beautiful work And, Best Regards.
thecryer
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noticed same, this long triangle leading to June 2022. but it would mean BTC is changing path.
Thanks for your charts, always interesting for long term view.
Magic_xD
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I love your Work Fract! Not many will understand ur hardwork! Please have a good look at this :