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Noldo
Dec 24, 2019 12:35 AM

Bitcoin Reasonable Logarithmic Curve Forecast Bands 

Bitcoin / DollarBitfinex

Description

Prediction presentations are similar to coffee fortune.
I don't normally share a template shape like this in any way.
But I have seen logarithmic curves drawn symmetrically just to make the eye look nice, and I disagree with any of them.That's bullshit!
This is my logarithmic curve bands that I found true.
I do not believe in any predictions except macroeconomic predictions.
But I believe that by 2020, Bitcoin will reach 2000 levels.
I'il tell you the main reason if this forecast keeps it.

This is just my little bet:
2020 levels will be seen in 2020.

Note : This estimate was shared more as a criticism than the 2000 levels forecast.
I will never share a template like this again because it has no value.
No one is meant,including me .
I will collect and write all of them in an educational idea.
Only the fact that these kinds of things make premiums can make us overlook the real things !
Comments
geckopico
I don't profess to be a technical analysis expert, but shouldn't your upper and lower trend lines at least attempt to make contact more than 2 times?? I do however agree with you that *this* ^ type of technical analysis is indeed bullshit. Thanks for your honesty....
mft247
Is this an indicator you have created or just your own renderings of the lines? I have checked your website, and was not able to locate anything like this. Thanks for your TA!
Noldo
@mft247, This is just a drawing.
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