Care to elaborate your thoughts?
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The natural 2017 high for BTC/Gold should have been 10oz but we overshot because of the mania. This past June we bottomed at 10 and we just broke below that low yesterday. So we may be making a W bottom
OR…
Based on all my research, this winter’s rock-bottom will be exactly 5oz. The bull market topped out at around 35oz and will sell off in 3 waves. 35 to 20 (-15) then 20 to 10 (-10) and now should be 10-5 (-5).
So… -15 -10 -5 (It can’t do another -5 because that would take it to 0 😱)
It has been so beautiful to watch and the precision has been wondrous, but what else would you expect from God’s Clock.
Lastly, there is something very spooky about all the major bottoms in BTC/Gold going back about 10 years. Assuming this one ends at 5
Going backwards in time…
5.0 2.5 0.125 0.0625 0.03125 0.0156
Does it look familiar? The block rewards!
50 25 12.5 Etc..
Sooo, if we bottom at 5 now, this may be the last bottom before Hyperbitcoinization.
I know, I think about bitcoin way too much.
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As you should. Interesting thoughts, thanks for sharing.
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