Just an idea about Bitcoin cycles.
Every cycle expands to a fibonacci ratio, with every cycle expanding to a smaller ratio than the previous one, and every time retracing less. This would emulate an S-curve of adoption of this new technology.
Current cycle would peak at around $180k-$200k, and the following cycle would take us to $1M.
Just an idea I wanted to put out in case I end up being right. ;)
Every cycle expands to a fibonacci ratio, with every cycle expanding to a smaller ratio than the previous one, and every time retracing less. This would emulate an S-curve of adoption of this new technology.
Current cycle would peak at around $180k-$200k, and the following cycle would take us to $1M.
Just an idea I wanted to put out in case I end up being right. ;)
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