I was wondering why bitcoin Trendlines nearly never correspond to the real price development of this currency..
After I changed to logarithmic chart, discovered that bitcoins trendlines are indeed logarithmic, while the angle of growth getting bigger. The time of course is linear..
Having said this, I would not be suprised, that bitcoins correction has already ended and the next target is probably 25000 USD for bitcoin..
After I changed to logarithmic chart, discovered that bitcoins trendlines are indeed logarithmic, while the angle of growth getting bigger. The time of course is linear..
Having said this, I would not be suprised, that bitcoins correction has already ended and the next target is probably 25000 USD for bitcoin..