Retail_Insider

Bitcoin might reach $200k based on this theory.

BITFINEX:BTCUSD   비트코인
I’ll clear it out why I'm using two different timeframes to point out a fractal.

Follow the below explanation and try to understand that crypto markets are open for almost 6.31 more times in a year.
So market cycles will be at least 6.31 times faster than a stock market.

Stock market is open 6 hours a day, 5 days a week, and is closed on holidays.
Crypto markets are open 24x7. With no break.

STOCK MARKET: CRYPTO MARKET
1D 6H 24H (4 times)
7D 30H (5 days a week) 168H (5.6 times)
365D 1389 hours 8760 Hours (6.31 times)

So, we can assume crypto markets are almost 7-8 times faster and more volatile than stock markets as crypto markets are still in an early and nascent stage than the stock market.

Check the charts, and the fractal, and there you go!

I might be wrong, and this should not be considered as any financial advice.
Consider this for educational purposes only.



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