Some Hopium for 2024 Cycle, Lets See How Well This Ages For Fun

7月5日

Comparing the 2 previous bull run cycles to the now current cycle using approximate scaling to compensate of overall size of each run. Notice the moving averages are relatively similar, also RSI, Stochastic and Aroon Indicators are in the same ballpark when considering scaling time for the higher capital size/price. Like most I felt we were further into the cycle but did consider the possibility if we were to drop and break the local parabolic curve we could just be setting up for a longer and larger bull cycle, especially since we had such an early start this time. Good hopium I suppose, and will see how good or bad this ages, will see if that scaling the chart will show some truth to my hypothesis, I am publishing this right after today's closing loss of the 200 MA on the Daily timeframe.