Current market condition compared with historic bullrun fractal.
Bullrun fractal is in log mode and so it's fibonacci retracement.
Current market is scaled regular.
The patterns didn't conflict in those different sets.
Regular vs Regular didn't give this image.
Why beta?
Because it's still unclear how logged vs normal fibonacci would get along.
Basically, THE FIBS of exponential growth fractal on log scale can be compared to similar pattern of a regular scale.
So, it's easier to evaluate the bullrun by observing the pattern that fails to repeat, which could signal a reversal on earlier stages.
If it doesn't fail, then bitcoin can reach the top target.
Such cross application of fibs and scale is yet to be tested.
Bullrun fractal is in log mode and so it's fibonacci retracement.
Current market is scaled regular.
The patterns didn't conflict in those different sets.
Regular vs Regular didn't give this image.
Why beta?
Because it's still unclear how logged vs normal fibonacci would get along.
Basically, THE FIBS of exponential growth fractal on log scale can be compared to similar pattern of a regular scale.
So, it's easier to evaluate the bullrun by observing the pattern that fails to repeat, which could signal a reversal on earlier stages.
If it doesn't fail, then bitcoin can reach the top target.
Such cross application of fibs and scale is yet to be tested.
Trade closed: target reached
