This is a very simple chart that displays Monero's two cycles, one above the other, as fractals one from
the other. This shows the past and current returns
as a multiple from the previous cycle top, considering the inflation variation since the current cycle
started. Formula is sqrt(inflation/inflationattop)*price.
The X axis is scaled and reffers to the percentage of the cycle that is completed (judging by the
price-action pattern). This adjustment was necessary because
the blue line seems to be doing exactly what the red line did, but since there is so much difference in
the inflation from the last local top to current price (10% to 1%),
the current price is way higher than it was supposed to be. This is because a lower inflation rate means
less sell pressure, and therefore higher prices. If
this logic is true, then, since inflation will fall to 0.8% soon enough, we should expect even higher
prices.