BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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4
What if support lines of BTC change up each time they are tested once? Meaning no other way than UP :)

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Further to my previous comment - its mathematically more accurate to chart with log scale over these price and time ranges.

Still your basic proposition remains a theoretical possibility. However if true wouldn't this mean BTC price rises at an exponential of an exponential rate (exponential squared)? - which the all-time up-channel doesn't evidence.
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You draw the trend line after it has been "tested". This could be wishful thinking?
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mihaab jlowzow
@jlowzow, it is... dunno, just trying to find patterns :)
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Agree - there's some evidence for this - but also if broken that prior support get retested
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