Guessing Bitcoin's Target
Guess 1 - Ratio of Gold's %change from Cycle1 to Cycle2's <estimated target> applied to Bitcoin
Guess 2 - Ratio of %change between Gold Cycle1 and Bitcoin Cycle1 applied to Gold Cycle2 to estimate Bitcoin Cycle2 Target
in easyspeak: using the cycle low -> high % change ratio
Gold 2 Bitcoin 2
______ = _________
Gold 1 Bitcoin 1
***See Gold Monthly Scale 16.4***
***%change = (New - Old)/Old = (New/Old) - 1 quick mafths
Gold Cycle1 %change = 96%
Gold Cycle2 %change = 77% based on speculative target 2900, homage Curt
also Bitcoin's market structure ditto's gold - Market Singularity
Bitcoin Cycle1 %change = 18,643%
Bitcoin Cycle2 %change = ??? what is the top
Guess 1
Apply ratio of <Gold's Cycle1 to Cycle2 %change> to Bitcoin Cycle2
Gold Cycle1 and Cycle2 %change
(new/old) - 1 = (77/96) - 1 = -19.8%
Gold Cycle2 ran 19.8% lower
Bitcoin Cycle2 run 19.8% lower
Bitcoin Cycle2 %change = ??
(new/old) - 1 = %change
(??/18,643) - 1 = -0.198
Bitcoin Cycle2 %change = ?? = 14,951%
Applied to Bitcoin Cycle2 Target
Bitcoin Cycle2 bottom = 28,743
Add in %change = 28,743 * 149.51 = 4,297,365.93
4 million dollar Bitcoin
Guess 2
Apply ratio of <Gold's Cycle1 %change to Bitcoin Cycle1 %change> to Bitcoin Cycle2
Ratio of Gold Cycle1 and Bitcoin Cycle1
%change = (new/old) - 1 = (18,643/96) - 1 = 193.2
Bitcoin Cycle1 %change of 18,643% is 194.2x Gold Cycle1 %change of 96%
Applied to Bitcoin Cycle2 Target
Gold Cycle2 ran 77%
Bitcoin Cycle2 runs 194.2x what Gold Cycle2 Ran
77%* 194.2 = 14,953.4% = %change of Bitcoin Cycle2 from bottom to Target
Bitcoin Cycle2 bottom = 28,743
Add in %change = 28,743 * 149.53 = 4,297,940.79
4 million dollar Bitcoin
~4,3 pi
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