comparing the last two 155 day long down trends, i noticed a price drop correlation of about 1/2 of the first price drop. I think it is reasonable to think this trend will continue at least once more with a final low price target of 268 -285 usd at the end of the next cycle.
comparing the last two 155 day long down trends, i noticed a price drop correlation of about 1/2 of the first price drop. I think it is reasonable to think this trend will continue at least once more with a final low price target of 268 -285 usd at the end of the next cycle.
if height/length ratios of btc cycles correlate then we havent seen the real low point yet. instead it would take 446.4387 days at a low of 280 to complete the ratio of the last cycle.