Bitcoin: Interconnectedness of Defining Cycles

20 дек.

Just a followup analysis on scalable structure from "Natural Patterns & Fractal Geometry" ed idea.

Additional Regularities:

• 2018 Downtrend Phase Fib Resonation:
  Fibonacci ratios are not just mathematical abstractions; they manifest in Bitcoin's market structure due to human behavior and market psychology.
  
• 2020 Uptrend Phase Fib Resonation:
  Unconventional use of Fibonacci ratios highlights areas where price has shown significant reactions. These levels act as dynamic support and resistance zones, underscoring the fractal and cyclical nature of Bitcoin's price movements.
  
• 2021 - Late 2022 Crash Metrics More detailed breakdown of emerging randomness:
  The repetitive alignment of market cycles with Fibonacci levels underscores Bitcoin's tendency to oscillate between predictable extremes, offering insights for timing entries and exits.
  

Distinct cycles are clearly visible, separated by major tops (e.g., ATH in 2013, 2017, and 2021) and bottoms (e.g., the 84.12%, 72.26%, and 77.57% corrections). Each cycle adheres to Fibonacci retracement and extension levels, demonstrating a self-similar structure.
Price expansions align with Fibonacci extensions (e.g., 1.618 and beyond), showing that Bitcoin’s growth phases are not random but rather guided by harmonic principles.
The ascending channels mapped through Fibonacci ratios capture both the bullish and corrective phases, showcasing the market's bounded yet fractal rhythm.
The percentage swings (+2484.44%, +12804.20%, +1692.21%, +600.07%) highlight the explosive nature of Bitcoin during expansion phases, followed by steep corrections. These as well align with Fibonacci proportions, providing a blueprint for market rhythm.