Quote from: XenoxCapital on June 15, 2025, 04:02:02 PM

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That story is this: when applying the Trend-Based Fibonacci Extension, you’ll notice that the true structural beginning always tracks back to 0.00000. That’s not just a technicality — it’s a foundational signal. It implies that we are not just seeing the start of a Primary or Cycle wave — we’re potentially witnessing the early formation of a Grand Supercycle structure.
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No asset can be tracked back to 0.00000 —this would imply the asset was worthless at some point in history.
Neither gold, nor oil, nor bitcoin, nor either the DJIA index can be tracked back to 0.00000

Bitcoin
Technically speaking, when bitcoin was launched in JAN-2009, it had no market value.
So, the effective "price" was $0 —but there was no chart, nor market nor trading yet, just mined for free.
Once a market was established, the lowest price of bitcoin was $0.00099 (about 1/10th of a cent).

Dow Jones Industtrial Average
26-MAY-1896: initial 'launch' value was 40.94 points.
08-AUG-1896: lowest ever closing value of 28.48 points, after launch.

Most tech IPOs from the Dotcom Bubble (mid-1990 to 2000) eventually dropped below their first traded price.
And so, the rise during that mania was considered a B-wave in those assets; or a final fifth wave in the NASDAQ index.