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Growthcurve

Bitcoin's Stock to flow and Log Growth Curve suggest upside 30xBitcoin has been boring the last couple of months and has roughly gone sideways in a rather long range for the last year. The price action has been sideways some of the longer term indicators have been priming and suggest that the next move is to the upside. The stock to flow model comes and goes in popularity with the volatility of bitcoin. When bitcoin is impulsing to the upside people pay a lot of attention to the indicator. Then there are times like we are in right now, when the stock to flow has moved but price action is still roughly sideways. I myself historically have always doubted the stock to flow but it is putting more history behind it and so it seems to be more reliable than I have previously thought. There are several different versions of log growth curves and I find this one useful. It is subdivided into sectors and I have elected to simplify the curve by showing the top and bottom 14.59% as well as the middle portion of the band. For the last two pumps on the stock to flow bitcoin moved roughly sideways around one of the log growth bands for quite a while before pumping to target or beyond. For the last couple of months price has hopped on top of the lower band I defined and so far has done a good job of finding support. The Log MACD histogram is beginning to approach zero and the Log MACD is turning up. The hidden bullish divergence increases the probability that we will see a sustained move to the upside. If the last two trend pumps of the stock to flow are suggestive of this next uptrend we will still have to be patience for this move to slowly pick up steam. Hopefully we will see that strength pick up over the next two-six weeks. If the stock to flow ends up being accurate will will have to get a new log growth curve. First things first will be to see how this weekly pattern resolves. But I have seen plenty of TA around that so I won't replicate it here except to say a move to the top of the weekly keltner is likely, then retesting the horizontal level of the ascending triangle.
BITSTAMP:BTCUSDLong
by This_Guhy
9
Bitcoin Price AnalysisWelcome back, Disclaimer: This is NOT trading advice. These are solely my opinions that I have posted for educational purposes only. I hope you make tons of money, I am not responsible for any financial losses. Thanks for reading! Bitcoin has been in an overall downtrend since early November highs just under $65,000. Interestingly, Bitcoin has completed two 6 point cycles drawn out above on the weekly chart. The "1" starting points of each cycle began on the same bitcoin logarithmic growth curve each time; we appear to be finding support at the very same curve where we see the "1?" currently, and with the weekly RSI at lows we have not seen since March of 2020, coupled with possible inflection on the momentum indicators: it is possible we could be entering into the next accumulation phase. 4H As we zoom in, the pattern suggests a bottom of $39,600. If we look at the growth curve however, a bottom of $40,269.36 is suggested. The local low of $40,571.23 is within 0.01% of this figure. Trend support/resistance lines are drawn at $52,100 ; $49,600 ; $48,000 ; $45,500 ; $39,600 ; and $28,750. 1H On the hourly chart, Bitcoin is trading far below the 180h(blue) and 500h(orange) simple moving averages. Given the pattern drawn in red, it will be interesting to see how this one ages. Do you think Bitcoin has found a bottom?
COINBASE:BTCUSDLong
by CryptoRichCrypto
EDUCATION: Logarithm Growth Curve Hello, dear subscribers! Today we are going to examine very simple and intersting instrument which is applicable for the global price movement analysis. The logarithm growth curve is based on Fibonacchi retracement levels. As it is known the Fib retracement based on swing high and low levels. But in case of growth curve we use the logarithm scale to take in account the periods of the fast growth (to the moon periods). The price usually faces with difficulties to break through the Fibonacci levels. We can notice massive pullbacks near these levels or the price growth in cases of breakouts. Let's consider the current situation on the Bitcoin market. There is a rejection of 50% Fibonacci level. Now we should observe if the price break through this level or the drop began now. If the first scenario occurs we can see a massive growth to 61% or 100% Fibonacci levels. DISCLAMER: Information is provided only for the educational purposes and should not be used to take action in the markets.
BITSTAMP:BTCUSDEducation
by Skyrexio
6
Virus spread/Bacteria poluation/Ponzi scheme lifecycleThis is the most important chart of the next 12 weeks. It always follows a similar pattern. Top can happen at any time, but with the temperature spike of this week (right as europe & usa quarantine started) + lockdown + sun, it could be close actually. One thing is clear: Fear is profitable. Can also lead to huge losses. And at what point does it just become random gambling? Noobs will chase every move, or not cut their losses, or have a losing strategy, get emotional, either way, will get rekt. The top can look many ways, like a weak diagonal up, flat, flat on average, sharp V, etc. Here is the example of a ponzi scheme currently in the stationary phase: Goldman sachs is calling for a Q2 growth number of -10% or something like this heh :D The worse could be over, actually I totally expect the stock indices to have bottomed (for now) and go higher. BTC too. Traders of course secretly wish it gets way worse, and are angry at politicians trying to save lives - allthought their actions do more harm than good and will hurt the economy badly which is good for us. I won't lie, like I many I have dreamt (literally) of a catastrophy like this a few times. It's not that bad which is a shame, but it is something. We are not here to look like caring people, we are here to make money at other's expense. What a wonderful period we are going through ^^ Every one is so afraid, terrified, reverting back to full reptilian brain (as opposed as only 99% usually), their primal fears are emerging, they do not make rational decisions, they would sell an obvious bottom at all time low Price to Earnings, allowing non-reptilian brains ("polite" people call it non-emotional) to make big profits. Also moves are super violent and one sided, barely any retrace. HUGE rewards to risks. Fear panic death and misery is very profitable. And looks like it could get worse and much more people could get sick, lose their job, et caetera. AWESOME! For the next weeks the driver I guess will be this chart here... Let's check back on this every few days.
CEducation
by MrRenev
10