TradingView
ragnar0k
May 29, 2020 11:40 PM

BTC long term view Long

Bitcoin / U.S. dollarBitstamp

Description

View is calculated based on the NASDAQ composite bubble in Jan 2000.
Roughly every 4 days in IXIC correspond to 1 day in BTC

Since the IXIC keeps going solid, the written BTC target is not really a target, but just a point based on the current IXIC status.
OFC, there is no guarantee that BTC will follow IXIC, but so far it has been pretty close

DISCLAIMER:
I am not a trader and don't know what I am doing!
And on top of that BTC is very unpredictable...

Comment

Checking out my profile after a long time, I am impressed :P
Should have used more composite days for 1 btc day tho
Comments
atlantisatlan01
I must say you have some imagination lol. Who really cares about what was on 2000 or Nasdaq? Not same money, not same traders nor investors nor time.
ragnar0k
@atlantisatlan01, It's an exercise, I look for patterns. So far the pattern has been holding well, as mentioned on the disclaimer, patterns are good until they are broken
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