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AtomOfScent
Jul 2, 2021 12:54 AM

Bitcoin Logarithmic Growth Fib LevelsΒ Short

Bitcoin all time history indexINDEX

Description

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-Each time the price has fallen below the 91% level it retraces to the bottom of the regression band (green).
-The last time it fell below the 91% level was April 12th (the day before the peak).
-The current bottom is $16186 (Phi x 10,000). πŸ€·πŸ»β€β™‚οΈ
Comments
CryptoBitcoinFunk
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This model doesn’t seem correct
ImminentDebacle
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@CryptoBitcoinFunk, Now that you mention it, I think the bands are pulled low on this year's peak. I thought it was in the upper middle bands. Which tracks with the idea that we're in double peak cycle like 2013-2014.
AtomOfScent
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@CryptoBitcoinFunk, are models are wrong, some are useful. I don't have any particular faith in this one I just thought it was an interesting observation and I'll be just as happy if/when it's proven wrong.
ImminentDebacle
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@AtomOfScent, Cowen gang!
AtomOfScent
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@ImminentDebacle, haha yes, that's definitely something he says.
anudeepsett1050
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@AtomOfScent- Sir have you got access to Harmonic Patterns Pro indicator? I am trying to get the access .I am a student from INDIA,just started to lean stock market.Please reply sir.Thanks
ALDANSO
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THATS Awesome ! HOW could you draw like this? its 3d and those curve...
AtomOfScent
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@ALDANSO, the indicator name is in the chart, I just changed the colors.
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