Alternative perspective - Bitcoin Between $11,000 - $12,000?
There are many rabbit holes, fractals & patterns to play around with, but one thing is certain - there are beautiful architectures woven throughout the Bitcoin chart if one has a mind to pick away at it.. It's whispering things to us. It's actually the collective consciousness of all the human brains painting on a canvas..spliced in sections according to the halving cycle and world economics.
Sorry, I can't explain the chart much more than to say that non-log fibs applied over log chart in a very creative way has shown me some strange synchronicities that seam to point to a fractally/vertically shrinking and squeezing pattern as larger price thresholds lower the ceiling.. paired with SMAs at 100,200,300,400,500 + VWAP from previous cycle bottom low close and wick low..and Phoenix ascending + some bottom signal dots set based on a 21 day look back..also a the Kaufman moving average seams to cup the balls of the price right as the next halving occurs which is something that could help locate the median resting price of BTC..Playing with charts is as fun as making music to me..
Maybe it's completely wrong..but it's about narrowing down the possible outcomes based on some derived evidence. DYOR
Sorry, I can't explain the chart much more than to say that non-log fibs applied over log chart in a very creative way has shown me some strange synchronicities that seam to point to a fractally/vertically shrinking and squeezing pattern as larger price thresholds lower the ceiling.. paired with SMAs at 100,200,300,400,500 + VWAP from previous cycle bottom low close and wick low..and Phoenix ascending + some bottom signal dots set based on a 21 day look back..also a the Kaufman moving average seams to cup the balls of the price right as the next halving occurs which is something that could help locate the median resting price of BTC..Playing with charts is as fun as making music to me..
Maybe it's completely wrong..but it's about narrowing down the possible outcomes based on some derived evidence. DYOR
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My current target is much deeper, please refer to my most recent chart..
