This is an updated analysis on the trajectory of bitcoin using a Monte-Carlo simulation of 2000 random walks, as well as Fibonacci retracement levels.
Everyone has the same idea right now so this may just be a self-fulfilling prophecy. On top of that, the Monte Carlo is levelling out and maximum walks are ending over 50k already.
View the random walks here:
Everyone has the same idea right now so this may just be a self-fulfilling prophecy. On top of that, the Monte Carlo is levelling out and maximum walks are ending over 50k already.
View the random walks here:
Note
The long-term bitcoin outlook is now, not so long-term. Six months is a short period of time for this level of return.
Kenzing trading indicators for TradingView perform advanced real-time analysis of stock price trends and display alerts that are easy for the average Trader to interpret.
kenzing.com
kenzing.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Kenzing trading indicators for TradingView perform advanced real-time analysis of stock price trends and display alerts that are easy for the average Trader to interpret.
kenzing.com
kenzing.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.