The bottom white curve is the log regression of Bitcoin's price action since its inception. The regression was broken on March 12 when Bitcoin shit itself to the 5000s. Each line in the rainbow of curves represents a fibonacci multiple of the bottom regression line. The regression is multiples are your typical retracements from 0 --> 1 (.236, .382, .5, .618, .786,...
Turn on the logarithmic graph. Invert scale. Imagine this is shitcoin. Global_trend was broken for the second time (Aug 17, 2015 & Mar 9, 2020). Buy or sell? If you see such things on shitcoin, you buy, increasing your position as you approach the orange zone. Forget the inverted chart. Go back to bitcoin. Observe the downtrend (price peaks are falling: 20k > 14k...
Stack Sats and chill. Bitcoin bullish long term scenarios: 4-year cycles Aggressive - lengthening cycles scenario Conservative - lengthening cycles scenario #StackSatsandchill
Using Stock to Flow, logarithmic regression and 200 day moving average.
Beautiful spiral on BTC chart. Support and ressistance levels cointained. Short setup in near time.
Just put this together to share with noobs. Nothing revolutionary here. Thank you to Harold Christopher Burger, @filbfilb, PlanB, and /u/capriole_charles for providing research which has been the foundation of my perspective on Bitcoin. If you are new to these concepts, read about these fundamental BTC concepts in the following 4 articles: 1. Bitcoin’s...
Hey guys , According to my previous analysis, bitcoin is currently involved in the price of 0.786 fibo , With the current world conditions , Bitcoin doesn't seem to work logically !!! I hope this price closes above SMA200 during the weekly time frame . Otherwise the lower prices I have specified will be available ! ---- Login with science . Good Luck ----
We should wait and see what will happen to these support/resistance lines.
Please press the LIKE button if you enjoy the analysis The support line outlined in the chart above is drawn in the logarithmic scale and has been in place since BTC’s inception. In addition, the 200-week moving average is outlined in black. The price has validated both the support line and the MA numerous times, the prior three being on: -August...
Well, here we are. Can check my previous posts for a daily analysis, targeting 7700-8k range. But.. this is it, isn't it? The sell off all have been waiting for. The time at which the bull run truly begins. Before the halving, fear (albeit controlled) hit the market. Hitting the bottom of the long term growth curve. Business, people, institutions, all ready to...
Using 2 versions of the Logarithmic regression of Bitcoin to forecast future btc prices. Curious which regression will be more accurate.
BTC Weekly chart. Down Using the logarithmic regression band, it seems logical to place the downside of the triangle at the 0-log line. This seems to indicate that the lowest we should expect BTC to go coming weeks (march, april) is usd 7.5k. The 0.382 fiblevel is at this same height and suggests decent resistance at 7.8k. Up I don't expect a cup and handle...
The upper and lower bounds of Bitcoin measured in three different ways.
Here is a couple well known log lines applied to a TV chart. This is not trading/financial advice.
Update to price points on the Bitcoin Logarithmic Regression coupled with the Stock to Flow numbers and the 200 Day moving average.
Hey there, So this chart might look familiar to you, since there have been numerous posts, regarding the cycles bitcoin seems to go through. On this chart you will see an extended analysis of this rather popular chart by using percentages. Most of the data is discussed directely on the chart, so I will not go into detail down here. Please look at all four written...
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...
I used two of my favorite indicators (Logarithmic Regression or non-linear regression) and Stock to Flow to measure the value and range of Bitcoin. Hopefully it will be useful as we look towards the future.