Realised I hadn't updated this for a while after having worked on it some more so here you go.
Interestingly came across a similar chart on FinTwit, so nice to know someone somewhere has drawn similar conclusions.
I believe the FIB ratios are important here as BTC is riding an adoption wave, with each wave proving less and less volative, and becoming more and more frequent until it hits a 'terminal' point where perhaps it becomes fully adopted and begins to follow more traditional Commodity / SOV patterns, won't be long for that now!
Interestingly came across a similar chart on FinTwit, so nice to know someone somewhere has drawn similar conclusions.
I believe the FIB ratios are important here as BTC is riding an adoption wave, with each wave proving less and less volative, and becoming more and more frequent until it hits a 'terminal' point where perhaps it becomes fully adopted and begins to follow more traditional Commodity / SOV patterns, won't be long for that now!
