Every cycle has a pinpoint hit on the 0.5 fib - which is the halfway point on a log scale. See the red lines.
I've calculated this halfway point to be around 26-27k. We've struck 26.6k on USDT pairs and 25.5k on USD pairs. If this is the bottom, this marks the halfway point, and that means for a top to be at around 205k.
The calculations is based on a previous cycle to the next 0.5 fib - which is about a 0.79% decay decrease from the previous cycle. That ended up being around 26.5k.
Much more to this, so if you'd like to see that in-depth discussion about it, watch my 20 minute video on my holy grail and how I've been looking for this dip for some time. (in related ideas "1 for the bears")
I've calculated this halfway point to be around 26-27k. We've struck 26.6k on USDT pairs and 25.5k on USD pairs. If this is the bottom, this marks the halfway point, and that means for a top to be at around 205k.
The calculations is based on a previous cycle to the next 0.5 fib - which is about a 0.79% decay decrease from the previous cycle. That ended up being around 26.5k.
Much more to this, so if you'd like to see that in-depth discussion about it, watch my 20 minute video on my holy grail and how I've been looking for this dip for some time. (in related ideas "1 for the bears")
