Either this model is very wrong or a lot of people are going to be very surprised.
$120k+ #bitcoin Jan 2024
Adoption rate continues or something breaks.
That is the lowest expectation of the model at that time. $120k+
Price is normally above the bright yellow line not on it and rarely below it.
To many, it's just a dip, to some liquidation cries, confusion, and fear grip a lot, what's really happening in the market? why am I getting margin calls? I thought this was a great project.
Well, here's what we think.
Chart Keys
Orange Horizontal Line|~Prox Halving Dates
Yellow Bars - Range From Halving to ATH
Pink Bars - Range From ATH to Bottom
Green...
look back at my previous published post about the similarities we had with march 2020 timeframe. If correct this could b the bottom and a major pump coming.
I'm seeing this possibility of a triple top forming on corn...
For longer term positions the interesting part is to try & build longs around or somewhat below 25k
While BTC has dipped back down recently, we are still very much on track. In fact, we are still fairly far ahead with regards to our "fair value" logarithmic regression support band, fit to "non-bubble" data.
This market cycle will likely be a long one, so buckle up for the journey, and maybe one day BTC will flirt with the upper "peak" logarithmic regression...
I thought it was time to make a longterm chart, with all these wrong charts going around, hehe.
They are wrong because bitcoins support and resistance lines are NOT linear in the logarithmic chart.
I think that the correct fit is a square root function in the logarithmic chart, meaning that the growth is slowing down on long timescales. BTC cannot just continue...
Bitcoin has spent less than 200 days under green highlighted line.
Bitcoiners should now return to dca from building reserves regardless of bottom is in or not. Bitcoin is undervalued and this is the time to take advantage.
Tell as many friends and family as possible once again as we are in an accumulation zone until $58k.
Just eyeballing it, looks like the BTC price spends most of the time in the lowest band of the rainbow. The rest of the time it is transitioning by either escaping from it and going to the moon, or coming back to earth.
Price spends majority of time above brightest yellow prime trend line.
Observe price climbs close to the line for a period of time before entering into the next bull run.
Trend lines appear more reliable when compared to 200 weekly ma for those waiting and watching for the touch.
In this tutorial, I show you the basics of changing your chart's color theme, including how to save and recall it. I also show you how to change the color theme of your indicators as well as how to save your indicators as a template for easy recall any time you open a new chart. This two tips will save you endless hours and help you personalize your charting experience.
At the very beginning of 2018 we began covering Bitcoin price analysis on our YouTube channel. My approach to accumulation is Dollar Cost Averaging ( DCA ). I am a very big believer in the mental aspect of accumulation. This means that if I am utilizing DCA because I am extremely long on Bitcoin , I would like to DCA when the price is down - at least for short...
BTC: soon under 20k?
Note the middle of the trend channel... it dipped below it this week.
The lower edge of the long term bullish trend channel is pointing at 3 key support points (green arrows) hence the target @19161.37 I expect by 25 Jul '22.
Contrary to expectations, there could even be a false breakout of the trend channel, then the red line @15973.53 should...
Hello Traders. Here we dissect the past, current, and potential future growth of Bitcoin . I am uploading this chart because there seems to be an influx of charts predicting that Bitcoin is going straight to $100,000 by EOY, which is viable. This chart is showing a possible realistic case for Bitcoin , every phase of the way divided by each Bitcoin halving for an...
Today I'm going to address my perspective on Bitcoin. I see this as a potentially life-changing opportunity for a lot of people, but I also understand that many people will simply overlook this opportunity. I'll talk about the overall macro structure of what I'm seeing for Bitcoin's cycle, the force behind this bearish price action, and the most logical and...
So I was thinking again, and it might be that my last idea here () was too simplified.
It seems the cycles are getting overproportionally longer.
Also, it seems that the tops are diminishing more than previously thought.
I take all cycles exactly from the previous halving days, except the very first cycle, starting day there is of course when BTC started trading...
I am a BTC bull, but I see far too many overly optimistic price projections on tradingview.
They seem to draw an exponential channel, instead of the current one, that is curved.
While of course it can be that BTC goes out of the current channel, and bursts through the upper resistance, thus reverting back to its original exponential trend,
I like to be more...
