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BTC Fibonacci Retracement with diminishing returns on BTC cycles

BITSTAMP:BTCUSD   比特幣
Fibonacci retracements in the Bitcoin cycle are well explained by Crypto Caesar, "The Significance of Fibonacci and the Bitcoin Cycle" in Youtube.

An additive approach is to acknowledge diminishing returns to the model. Diminishing returns would entail that the ATHs would be lower flattening down the appreciation over time. This would have serious implications on ATHs and support bands.


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