Seven Years on the Rainbow Road...
It's not a forecast, it's just a history of an amazing road I've been on in some form or another since 2013.
Pitchfork set on the first big bull move 2013, a great impulse to frame the following years of price action.
Interestingly, it's been almost exactly seven years since that first dramatic rise.
We've just made a perfectly symmetrical ping of the 1.618, opposite the great Gox bubble peak of 2014, and I don't think this straight path on a logarithmic road is going to hold much longer.
If you want to see the future, this straight and narrow road isn't so useful anymore. And the world's a much different place than in the days of $14 bitcoin...
Time to consult the curves...
Pitchfork set on the first big bull move 2013, a great impulse to frame the following years of price action.
Interestingly, it's been almost exactly seven years since that first dramatic rise.
We've just made a perfectly symmetrical ping of the 1.618, opposite the great Gox bubble peak of 2014, and I don't think this straight path on a logarithmic road is going to hold much longer.
If you want to see the future, this straight and narrow road isn't so useful anymore. And the world's a much different place than in the days of $14 bitcoin...
Time to consult the curves...
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