- I never understood why most students needed to learn what a Log was until I've studied a BTC chart.
- A Log curve in simple term goes 0 to .99999999
- It never touches 1. It is infinite. Meaning it goes forever always getting closer to 1.
- My assumption is that BTC will become stable one day. It may take many more halving's for that to happen.
It's been a while since I've made a longer written post. Unfortunately for those of you who like reading, I'm keeping this one short. I do have my main market cycle chart with the phases numbered, but this view also includes DXY (the USD currency index).
This is color coded as follows:
Blue: BTC Dominance
There has been much talk lately about the relationship of Bitcoin and the USD. I have even published a chart last month (September 27 the original that was deleted and I re-posted it last week) analyzing the relationship on BTC with the USD and the Money Supply:
We can clearly see how amazingly predictable BTC behaves on longer timeframes.
The monthly picture is really good for such analyses. Especially the monthly bband has historically been a good indicator to show when an outbreak was nearing.
And now, the next outbreak is indeed nearing, as we approach a phase very similar to the end of 2016.
Back then, the monthly...
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...
I know the title is a little bit catchy but what is says seems not to be far from the reality. This is a combination of studies I released in the past and it clearly decodes every Cycle High (practically the All Time High) and duration. Who wouldn't actually want to know when and where Bitcoin's next Top will be? For the record this study is based on the 1W chart...
Here i present an updated version of what was a very popular chart shared back in May of 2017, highlighting the market cycles bitcoin goes through, and how I thought we would see a $c.20k top on the current run before a significant reversion. Please check this out in the attached.
I use that chart as my framework for BTC and this represents an update to that...
I´ve spend many days watching the Bitcoin tickers at many timeframes for many years and I realized this is the ultimate chart with important trendlines / gread & fear (based on RSI) / halvening setup which seems to be respected for many years & in my opinion from long tern perspective investing this Weekly chart is most important history based...
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, but absolutely low in probability. This chart is showing a possible realistic case for Bitcoin , every phase of the way divided by each...
This study is an extension of two previous publications of mine where I combine the use of Fibonacci extension levels and the LMACD decreased volatility, in determining Bitcoin's next Highs:
* Chart 1 *
* Chart 2 *
Bitcoin Halving :
New bitcoins are issued by the Bitcoin network every 10 minutes. For the first four years of Bitcoin's existence, the amount of new bitcoins issued every 10 minutes was 50. Every four years, this number is cut in half. The day the reward halves is called a "halving".
In 2012, the amount of new bitcoins issued every 10 minutes dropped from 50...
What price and when will the next ATH be? That is the question in every BTC holder/ trader/ investor right?
Well I have looked into the 'what price' parameter on numerous studies such as this recent one below:
Today I am gonna be looking at the 'when' factor....
We are currently in a bull market according to weekly and monthly chart. The price is above 20 & 200 weekly moving averages, above the trend line, above 10500 major horizontal support (head and shoulders neckline), above 10 000 USD psychological support.
If bitcoin crash below 10 500 USD - i expect a quick long squeeze to 6500 USD - previous major support and 200...