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Duyck
Jan 14, 2021 1:41 PM

Bitcoin's Million Dollar Question! 

Bitcoin / U.S. dollarBitstamp

Description

With the recent ATH's there is one big question that comes to my mind,

Are we only just re-entering the regression band that indicates the average growth of BTC during the last 10 years?
Or are we on the top of this Bull-run and should be expecting a multi year sell-of like we had since the dec 2017 highs?

If anybody knows the answer,... don't hesitate to let me know! ;-)


Gr, JD.

Comment

For the people preferring logarithmic growth curves. (cudo's to @quantadelic for the script)

Here is the chart with the price oatterns slightly lowered.

Comments
Daveatt
A

Covid and money printing gives the perfect framework for an alternative store of value to pump
Stock To Flow is still very bullish also: lookintobitcoin.com/charts/stock-to-flow-model/
RHODL not yet in the resistance zone: lookintobitcoin.com/charts/rhodl-ratio
Not financial advice but I'm not selling yet
namecnp
Hi. Put the TD Seq indicator on your chart, go on all timeframes, not only on BTC, and see what it reveals...
Pi Cycle indicator also is good...
For BTC best analisis is Difficulty Adjusment, Hash Rate & THE HALVINGS...of course if you understand it!
TradingYoda64
It doesn't have to be neither. Bitcoin doesn't have to follow past performance
Ascetic_Rising
Someone has got to say it:

A

The 2013 fractal is more likely (in my opinion). If history 'rhymes', a more common rhyming pattern would be {A,B,A,B} . A lot of people are anticipating the {A,B,B...} pattern simply because B is so fresh in their memory. "History doesn't repeat itself, but it often rhymes".

Nice chart
Yuriy_Bishko
i think tha same
Yuriy_Bishko
@Yuriy_Bishko, btc new gold
Yuriy_Bishko
@Yuriy_Bishko, hold hold
Pratik_4Clover
That's what we call a quality analysis :3
kurtsmock
That's a really great chart. Very important to think about. Quality information that can be used for decision making. Thank you sir. Great stuff. =)
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