I have observed a Wonderful thing about indian market #Nifty, #Bitcoin, US Election, and Money Printing.

Note that 61.8 & 38.2 are a #Fibonacci Number.

Here is a Fibonacci Series.

(0,1,2,3,5,8,13,21,34,55,89,144,233,377,610,987…..)

Each next digit is the sum of previous two digits.

And now if you divide any digit with the next digit you end up with the ratio called a #Golden Ratio. i.e. 144/233 = 0.618

Subtract 0.618 from 1 and we will get 0.382

Higher you go into this series, the more precise Golden Ratio we get.

Golden ratio was developed by Indian Sages some 3000 years ago.

Now let’s talk about Price and Market.

Just before 2020 halving in jan 2020, Indian market Nifty make a top and then fell 38.5% (Covid-Crash) which is a fibonacci ratio.

Nifty made a recent top at 20200 this month.

This is 161.8%(Again Fibonacci) increment from the covid bottom. But surprisingly this level is also 62% (Fibonacci) Higher than the top before the covid crash.

We are seeing history rhymes itself.

What are the other similarities? #Bitcoin #halving is coming in April 2024. Last time it was in May 2020, just when global market crashed during covid.

Any other similarities? Yes, 2024 US #presidential #election in November next year, It was in November 2020 last time.

We also have bond yield curve inversion now same as we had during late 2019.

Something is about to break the market and global market including #Bitcoin may see a huge dip and suddenly central banks around the world will decrease their interest rates and turn on the Money Printing Machine. It will send all market to new highs and Send #Bitcoin to above $100,000 per coin.

Stars are aligning every 4 years which gives government a reason to flood the economy with the Money supply and devalue the currency and further widen the gap between the rich & poor.

Save your wealth in #Bitcoin if you want to exit out of the system and save your Time and Life.

$boost

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