damped harmonic oscillation after perturbation

The perturbation was ATH

BTC has been oscillating after that

damped harmonic oscillation.

I posted an idea a couple years ago about this. Here we see BTC behaving in just this manner.

Doesn't mean another perturbation can't occur at any time, but for now, BTC has been pretty closely following a damped oscillation.

You can model this closely using classical physics- it's a pendulum. A damped pendulum. You can further reduce things to a simple COS function (in the case of no damping). With damping, you end up with a 2nd order differential. Just google it.

"harmonic patterns" is usually thought of in a different way amongst traders, but to math or physics geeks it kinda means something else (although the two are related)

Have fun