Look at this BLX weekly chart. MM Crypto today pointed out this indicator. On 11/30/13 when the BLX topped at $1177, the 200 wma then was $31.90 (extended backwards a few weeks as Chris from MM Crypto suggested). That was the previous ATH price on 6/6/11.
It happened again at the 12/17/17 $19764 top. The 200 wma that day was about $1209, above the $1177 previous ATH on 11/30/13 high.
The 200 wma now is about $4245. I have extended the 200 wma line forward in time in line with the slope it has made the past 3 months. It appears in about 2 years the 200 wma will cross the 12/17/17 $19764 ATH about then. On 5/13/19 the BLX price was about $6972. It has appreciated 3.45% per week since then. If it continues that rate of appreciation, then in 2 years the BLX will approach an ATH of $364,000 about when the 200 wma crosses that $19764 previous ATH price. The slope could go up more rapidly near the top like it did in 2017. In that case the 200 wma might cross the previous ATH price sooner than 2 years from now.
It happened again at the 12/17/17 $19764 top. The 200 wma that day was about $1209, above the $1177 previous ATH on 11/30/13 high.
The 200 wma now is about $4245. I have extended the 200 wma line forward in time in line with the slope it has made the past 3 months. It appears in about 2 years the 200 wma will cross the 12/17/17 $19764 ATH about then. On 5/13/19 the BLX price was about $6972. It has appreciated 3.45% per week since then. If it continues that rate of appreciation, then in 2 years the BLX will approach an ATH of $364,000 about when the 200 wma crosses that $19764 previous ATH price. The slope could go up more rapidly near the top like it did in 2017. In that case the 200 wma might cross the previous ATH price sooner than 2 years from now.