gidan82

Log regression band + weekly RSI + bubble pattern

Short
BNC:BLX   BraveNewCoin Liquid Index for Bitcoin
BLX index -> log scale -> green little lines = supports never touched again after collapse from bull run.
If you connect the supports you can trace a log curve -> log curve = fair value line
fair value line -> add tollerance band up and down. Now you have a range. --> "fair value range".

Red box = days since price is out from "fair value range"
Green box = days since price is out from "fair value range" before a bubble peak price top.

Green box is 30-40 % the red box.

Bubble peak price of this bubble = 40k

Do your number.

Expected touching "fair value range" in may/july 2021 with a price range from 9k to 12k.

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