Bitcoin Liquid Index
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If the ratio between ATH is decreasing by a half, then ....

4 028
If the ratio between ATH is decreasing by a half, then i can predict the next ATH ... just math!

For this theorie, i just looked at the decreasing of percent for each all time high to the next one.

This is like x 64 ... x 32 ... x 16 (but not so accurate)

We saw a major bullrun from 0.39 USD to round about 30 USD ( ~ 77x )
We saw the next ATH at 1 143 USD ( ~ 38 x )
We saw the last ATH at 19 417 USD ( ~ 17 x )

The multiplication is cut in half each time. Because of this i predict the next 2 ATH just by using simple math:

19 417 x 8 = 155 336 USD
155 336 x 4 = 621 344 USD

In the chart, the values are not perfect because of scale, but i think you get the point ;-)

No financial advice!
I just want to leave it here and visit in 2021 and 2025 :-)
注释
Time based, my first green arrow was pretty accurate.
Price based, ich could "cheat" and just say: Look again at the green arrow.
Perfect touch :D

Price of 150k is in play, this will not change. But maybe we have to accept, that time base also increases a lot.
We have to wait.
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What if iam right (targets), but we have to wait more because time increase by 2x

Finally the end of the bear, start of the bull?
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150k this run?
We will see!

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