📉Hi Traders, Investors and Speculators of Charts📈 It's been a while since I've done a macro update on BTC since the previous update. I love the logarithmic view of BTC. It gives a clearer indication of price increases alongside growth. Although inflation and value factors aren't physically calculated into the price, seeing the upwards curve makes more sense from...
This is an update on a previous chart, showing the logarithmic regression of $BTC. So far, it seems to actually be holding up pretty strongly with a strong holding of support around $17.5K as expected, were this theory to play out correctly. For anyone who's unfamiliar with my theory, it's that the slow regression of $BTC returns will actually invert, creating a...
Now we are on support / resistance zone. Go up it's probably to 40 000$
Now it can be volatile time. Be ready. Its not good buy all in now. Build your position in parts. I marked important zones (support with green price line). It is good to average the price. Your emotions will be protected :)
The last time the 12 & 26 MA crossed back above the 50 MA after crossing below it months prior (as it did in May), we had an uninterrupted bull run that lasted over two years. Something to remember, if we can rely at all on the past to predict the future, that is. (; Included halving dates and Bakkt launch for reference, as I feel that we sometimes forget that...
Hi guys I just cant help to be amazed about this.. Look at the perfect channel from late 2014-today. Touching the bottom line, touching the top line, again and again, until it breaks thru, then retests the top of the channel and goes parabolic. This illustrates clearly what a bubble is, and what sustainable growth looks like. And would you look at this : When...