TradingView
WaveRider1423
Dec 14, 2020 4:15 PM

BTC Logarithmic Price Curve Updated with the Halving Events Long

Bitcoin / U.S. dollarBitstamp

Description

This is my Logarithmic Curve Chart, originally post in January 2020, find link here below.
I have adjusted the chart to include the halving events and see what we may glean as to price behavior relative to the halving events and where we are in the cycle. All information is on the chart.
Comments
Jbergene
every time i see a chart like this, they are all retrofitted to the current situation. Literally all of them failed.

but once that is said, we are all here for the same targets. 100k+++
TradeHappyKyle
@Jbergene,

Much like Plan B's Stock:Flow model, I think this quote applies nicely here: "All models are wrong; some are useful"
Exar_Kun
@TradeHappyKyle, You mean George Box's quote.
PRMan99
@Jbergene, The two red curves have been plotted since 2014 and still going strong. So not *LITERALLY* all of them.
Jbergene
@PRMan99, they are plotted in hindsight. All of them Failed. Prove me wrong and I accept it
nakg3
@Jbergene, one should just create a "realistic" model, like "this stuff above", make an assumption that it is wrong and then create a model around its points of failure, as the most probable price prediction.
Protixder
@Jbergene, Nice to see
Protixder
mjjbaiocchi
@Protixder, the shorts will say it’s a triple top. Hope you have a quick stop over 20k :)
Jbergene
@Protixder, wrong again?
More