Attempt to do a price/time forecasting, using two traditional points of pivot:
1. Before black friday 2. January rally.
Using the MA 200 in a up/down wave trend.
The pattern is moving upwards diagonally and consolidating, and ended up aligning with some of my pre-assumptions:
- BTC price fluctuations smooth out, and the timeframes of larger cycles will decrease because: - BTC acts as gold: scarcity increases, with market inflows decreasing
Thoughts? It also seems that the Net Volume hasn't moved much (only in several spikes), but this is probably because market domination has decreased from 80% to 45%. Could this result in less volatility over time?