No wonder we all can't agree. All I did was change the scale from linear (right) to logarithmic (left).
I see one saying $40-42 and the other saying $20-24.
Perspective is everything.
LOGARITHMIC
2. Cryptomarkets Total market cap speculation with more dataFound more early market data and tried some colouring..
Have to convince oneself after few days downhill, remember The Big Picture.
100.000 $ bitcoin in sight?Check this logarithmic monthly view for BTCUSD.
2013
Peak: 1100$
Correction middle of this channel: 300-400$
Bottom: 150-200$
2017
Peak: 19.200$
Correction middle of this channel: 6200$ (monthly EMA 50, 200, and bollinger too there)
Bottom: 3800$
2021 (2022?)
Peak: 100.000$ ?
Correction middle of this channel: 44.000$ ?
Bottom of the channel approx...: 30.000$ ?
Correction cycles around 600-800 days...
Giants like TSLA, JP, Goldman, etc... will make the 20.000$ breakout (2020) as the new 1200$ breakout? (2017) We will never see again that lows???
$100k target end of february 🚀We are going to hit the resistance in our logarithmic chart BTC/USD for the monthly February closing in 10 days = $100 000.
Then? A mega alt season is coming!
Cryptomarkets Total market cap speculation in logarithmic scaleAdding pre market data from coinmarketcap, makes it possible to draw curve that gives us estimation for coming semester marketcap peak..
Bitcoin logarithmic regression and price curve speculation.Trying to find bull - bear cycle levels with clean chart.
BTC is the best Store of value during our generations. (and while ongoing monetary policies exist)
🔥 Bitcoin Has More Room To Grow: Logarithmic AnalysisIn my previous long term Bitcoin analysis I argued that we had much more room to grow, more than 50% actually. This post is to indicate that the current bull trend is far from over and that we, most likely, will have another couple of weeks of the current market.
Seeing this week's sharp increase, the following couple of weeks will most likely be bullish too until the price reaches the upper resistance on the chart. Around that area, be wary that the price might reverse and start a bearish trend. Do your own due diligence.
Happy trading!
VET Breaking Out. Macro Target: $.40VET just broke above a line of resistance that goes back to mid 2019. The depth of the triangle it formed beneath that resistance line determines the longterm bullish target of $.41.
Projection: Crypto Marketcap will hit $83T by Jan 2023The macro of the crypto marketcap is strongly bullish. We broke above the line of resistance that we hit in Dec 2017 that sent us into a multi year bear market and the short term result was a break of $1T. However, we must keep in mind that we may very well come back down to test that line in the mid $700B before we continue our march toward $83T. I expect somewhere around $30T by the end of this year.
BITCOIN might be getting ready for the this cycle's FINAL RUN!!!Guys, I am comparing 2017's bullrun with the current situation using the log growth curves and I've found something interesting:
In 2017, the price corrected just after hitting the center log line. The price then went back to the lower log line and then up directly do the upper one, considering the center line as refference.
NOW, we have just hit the center line and corrected down to the lower one AND the price ran straight to the upper line ONCE AGAIN!
SOOOO, it's very likely we are having one last minor correction now before shooting straight to the moon. IF this happens, this cycle's FINAL TARGET should be around 105.000 USD !
Leave a comment and share this idea if you think it makes sense.
SEE YOU ON THE MOON
BTC Heading to $250k+???This log chart shows the multi-year trend BTC has continued to honor. If this continues to play out, we could see a $250k btc by Jan 1, 2022. That doesn't mean we can't see a major correction along the way, and in fact I expect one soon. But the macro is strong.
OmiseGO is about to take off 🚀OmiseGO (OMG) is ready for another impulse. Looking for a new ATH, above$10. Please not this chart is based on a logarithmic scale.
40k$ is not the high! (Bitcoin's historical growth curve)Hello traders, or this time investors,
here is my long term log Bitcoin chart with historical data.
Because of this growth curve and the fact that we "only" made
1.400% so far, since the last low at 3.000$, I believe that we can
still expect much higher price for Bitcoin this year.
But as you know it's not only about the price.
Wish you all a nice weekend.
Greetings
Jens
A thought experiment... 120k btc?Decided to dive deep into logarithmic charts for BTC for my own peace of mind.
What we are seeing quite clearly each cycle is that the angle from top to top is halving each time. We are also seeing a pattern from bottom to top in each cycle being roughly 0.619 times the previous angle from bottom to top. The effect of this is that we can accurately predict the angle from top to top and bottom to top in our current cycle! This gives us a realistic top marker as can be seen at around $120k. It also looks like this might take longer than initially thought.
Let me know what you think; could this be a realistic pattern or just scribblings of a mad man?
LINK/USDT Weekly Break-Out: Strong Momentum ExpectedLINK/USDT has made a new ATH today, beating last year's ATH with ease.
So where too now?
if we take a look at the weekly chart we can see a clear pattern here. This upward sloping channel has been holding strong for almost two years now, making LINK's crazy ride to the moon.
Realistically, the price will rise until it hits the upper trend line of the channel. That might be difficult to trade, so for the coming weeks I've marked the $30 resistance as the main target. If you're feeling fancy, ride this wave until it hits the trend line.
Happy trading!
BTC Log Scale Moon Math w/Fib channel extensions.This is a Log scale chart on BTC/USD from Bitstamp. Utilizing fib channels with 618 extensions, trend based fib time, and regular fib extensions.
*Bitcoin* Price Prediction. Logarithmic Regression with S2FUpdated Bitcoin price prediction using the logarithmic regression curve and Plan B's original Stock to Flow. This should be a base case scenario for 2021.
Bitcoin Will Ascend Further: 60k Price TargetSince Bitcoin's insurrection it has been growing on an unprecedented logarithmic scale. According to this logarithmic scale, Bitcoin's realistic resistance should lie around 60k.
Seeing the growth of the past couple of weeks, another 50% increase in price should be reachable within two months or less.
After hitting $60k, there's much uncertainty where Bitcoin will go. Most likely we will see a correction somewhere in the near future. For now, enjoy the ride!
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.
Bitcoin continues in the way...This is an idea about the future price of Bitcoin (BTC/USD). Please trade on your own analysis, and share your comments and ideas with me.
