Just posting this mostly because I finally figured out a way to use sine waves that's meaningful for BTC so far. One wave, fixed x location... different y locations.... so simple.
Fits the data pretty decently too... so I figured I'd take a guess at the rest of BTCs life. 2040 approx when I say it dies... is when the last BTC will be mined, for those still using it (even though it likely will be very, very, outdated by then). 2025 maybe as a End to the festivities at about 50k. Who knows, I just felt like putting it at 0ish.
Definitely trading advice. If you want to lose your money, probably not advisable.
Fits the data pretty decently too... so I figured I'd take a guess at the rest of BTCs life. 2040 approx when I say it dies... is when the last BTC will be mined, for those still using it (even though it likely will be very, very, outdated by then). 2025 maybe as a End to the festivities at about 50k. Who knows, I just felt like putting it at 0ish.
Definitely trading advice. If you want to lose your money, probably not advisable.
Note
The arc does work, just stretch the vertical scale... forgot indicators it up.Note
f*** it up*Note
High likelihood it isn't really impulsive like here shows... more likely a diametric, but the overall shape wouldn't be so far off.Note
Note
Also, instead of just saying "THERE I DID IT" I should actually post some sine waves that make sense.Note
Not perfect, but clsose, I was going crosseyed trying to fit them right.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.