https://youtu.be/SuKh3DIr20k?si=PF9wQCtVhMgDFDaP

diving into the depths of Bitcoin price data, we have identified an intriguing oscillator that is utilizing fewer data points but still offering a clear and precise pattern. This exponential decay pattern has shown remarkable accuracy, making it worth noting.

The upper bound of this channel is based on the four highest points of Bitcoin price data, in regards to deviation from the power law support. Every data point above the lower bound represents a deviation from this support line.

The highest point of deviation for each cycle (2011, 2013, 2017, 2021) has been fit into an exponential decay model which has yielded eerily precise tops. As of now, we're at 21.5% on this normalized oscillator. In case of a vertical shoot to the 100%, we'd be looking at around $180,000 - $185,000.

However, we're expecting this to happen next year whereby the ceiling price will be much higher. The model projects it to be somewhere between $200K - $240K.

It's fascinating to see the harmony that emerges as we develop these models. They're different approaches to account for exponential decay and diminishing returns, but they seem to resonate at some level.

As we continue refining our understanding, what are your thoughts on this oscillator and the projected Bitcoin price?

#Bitcoin #ExponentialDecay #Finance #CryptoInvesting