hecate

hecate

With the indicator "Percent Candles Not Revisited Past Week" (bottom one). I count the number of candles that have NOT BEEN revisited at all during the past week. For example that we have reached a top of 3040 and the market has not revisited that price in a week. Well, it seems that price gets revisited pretty frequently. In this past week, only 5% of the candles...

hecate

Will we get impulse getting a longer route or will we go directly? Will bitcoin be elastic or inelastic after the 50% offer reduction (halving) in a few weeks? Will it explode upwards to reequilibrate offer/demand using the 20x more exchanges and the hundreds of ATMs all over the world, legislation and much more mature market? Or will it take it easier than on...

hecate

If we agree that we are on an exponential move with a technology adoption curve and unless of course something kills it before (could be). I think this technology adoption growth will not be a plain s-curve but filled in with multiple minibubbles like we have been observing at 30, 260, 1200 maybe caused by a network effect getting overwhelmingly optimistic with...