The Bitcoin Log Growth Curves are an excellent means to determine when Bitcoin is oversold or overbought. It has never failed since the chart began in 2011. This indicator only works only for Bitcoin unfortunately.
The middle band tells you when BTC has fair value.
The bottom band has always been the excellent buying opportunity for long term holders.
The top band has always been the best time to sell because BTC is very overbought.
So if you are confused as to where Bitcoin is on the road to success, just look at the Bitcoin Log Growth Curves. Choose the upper bands if you are looking to sell, or choose the bottom bands when looking to buy. Then use your conventional TA indicators when it is in those bands to give you the exact timing to buy or sell.
The Bitcoin Log Growth Curves will keep you on the road to success. :-)
Enjoy!
The middle band tells you when BTC has fair value.
The bottom band has always been the excellent buying opportunity for long term holders.
The top band has always been the best time to sell because BTC is very overbought.
So if you are confused as to where Bitcoin is on the road to success, just look at the Bitcoin Log Growth Curves. Choose the upper bands if you are looking to sell, or choose the bottom bands when looking to buy. Then use your conventional TA indicators when it is in those bands to give you the exact timing to buy or sell.
The Bitcoin Log Growth Curves will keep you on the road to success. :-)
Enjoy!