Plotting fib levels on the monthly I noticed a pattern. After a run we find an average around .786. Plotting the fibs based off the pull back then gives us an ATH target for the next run at 30.618 with the exception of this last run ending at 18.618. Assuming this pattern continues that puts the next ATH between $312,508(18.618) and $511,902(30.618) and a bottom of the 48,000 range. *assuming* these are the rough future highs and lows. Case 1 and 2 show possible price targets for the following run should the pattern repeat.
Halving events marked in white vertical lines for time frame reference
Halving events marked in white vertical lines for time frame reference
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