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0 sats \ 2 replies \ @elvismercury OP 25 Jan \ parent \ on: Lowest btc price in USD, 2025? bitcoin
Do you generally think in terms of cycles, e.g., cycle high, then some pct of that for the low?
Price is Fractal... I started studying this theory recently, a year or so ago. All of this led me to jump on the bandwagon at the break of 25k because there were signs of a reversal at that price level. And if I was right, those tests would lead me to understand that we would go to a new ATH without a doubt.
I was building my Stack as much as I could this last year, looking at how everything I studied was going on the chart, guided by the monthly and weekly time frame and the theory of fractality.
A fractal is made up of three parts
- 1st impulse
- pullback to a specific area.
- 2nd impulse or expansion.
Right now we are in the expansion of the last cycle, which once we find a ceiling, will become the new first impulse, to again see a setback (known as a bear market) to a specific area and reverse for the new second impulse or expansion that takes us above where this market ceiling is, that is, the next bull market.
š Don't trust, verify.