TradingView
UnknownUnicorn2616933
Jul 28, 2018 1:30 PM

Logarithmic Trend Made Linear Long

Bitcoin / DollarBitfinex

Description

This a linear model of the logarithmic predicted price for Bitcoin that it has followed since inception. I have used the curved line drawing tool to draw a slightly convex curve on the log chart matching data points for 1/1/2017, 1/1/2018 and 1/1/2019 from the chart I have posted below published in 2014 which accurately predicted the current price range. I have then switched the view to linear and the curve becomes concave allowing us to get a helpful visual picture of where Bitcoin is going and a helpful perspective on current prices as they relate to the long term price trend.

Log chart before conversion:


This is not financial advice. User "eloquentplatypus" accepts no liability for any financial losses due to the information provided.

Comment

Comment

This is the link for the logarithmic chart for Bitcoin published in 2014:

i.redd.it/3e3vmgjaigzz.jpg
Comments
earnBTC4free-com
awesome, thanks for helping us out.
UnknownUnicorn2616933
@XLC, Thanks for the comment, you're welcome!
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