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BTCUSD: Monthly Log Chart

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A logarithmic look at the evolution of BTC price since its very early days

The following key takeaways:

  • BTC tends to extend only about 1/5 of its prior impulse move measured in terms of % increase;
  • BTC tends to react ≈38.20% on a logarithmic scale to form a correctional bear market;
  • The sub $80k area is a pivotal area to look for supply inflows.


This analysis suggests an earlier-than-expected onset of bull trend maturity stage in the upcoming few months, which might correct this lower to the $20k area.


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