Well as you may have seen in my more recent TA's I changed my average due to it being below my average for so long, I lost faith in it, but as of recently bitcoin shot up to my old average and rested right about where it would have been, see my older TA's and hit the arrow to see what happened since then for confirmation. So I have added another new average line, I can not restore my old ones but I can adjust to the market change.
This new average will put bitcoin at a higher estimated value for the end of this year.
This extreme volatile ginormous bear market we experienced makes it very hard to choose new data points to determine the average monthly growth of bitcoin, but I intend to determine that number with a high accuracy within the coming months.
Stay tuned because when I dial this in I should be able to give us a fairly accurate price point for many years into the future, I bet I can peer 5 years into the future once I dial this in, only the death of bitcoin could throw this math off.
This new average will put bitcoin at a higher estimated value for the end of this year.
This extreme volatile ginormous bear market we experienced makes it very hard to choose new data points to determine the average monthly growth of bitcoin, but I intend to determine that number with a high accuracy within the coming months.
Stay tuned because when I dial this in I should be able to give us a fairly accurate price point for many years into the future, I bet I can peer 5 years into the future once I dial this in, only the death of bitcoin could throw this math off.