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Parabolic

BTCUSD Longterm Parabolic Trend lineThis is my projection for bitcoin using the weekly chart of Bitstamp against USD. Curved parabola lines are derived from what we know until today. Future of course gives more data points and can update this overall. This scenario explains how McAfee may have come up with his idea of 1 million dollar bitcoin before 2020. This projection says it could be up to about 1.4m by then. The gray trend lines rising within the parabola represent growing adoption or on a more basic level mass HODLing. Adoption = Network Effect = Plentiful use cases. For now the main use case is to HODL and speculate -- using as a store of value. Growing adoption / network effect equals rising within the parabola at an angle of incline as scarcity kicks in and more are HODLing. The trend line is broken with an event which breaks network effect. Mt. Gox in 2014 was such a moment to break the euphoria trend line. Broken adoption trend = trend down towards bottom of parabola or "bear market" for a certain amount of time. My scenario does not predict a major event between now and 2020. Assuming no negative event. Assuming growing adoption. Assuming mass HODLing (or at least use cases that keep bitcoin in major circulation changing hands a lot). Around 2021 as the trend line approaches the top of the parabola, it does start to get interesting. One could surmise that something might happen to change the trend. Not necessarily huge drop to bottom of parabola but something different from what we can see as of now.
BITSTAMP:BTCUSD
by miracom
1
BTC INTO A BULL CYCLE-UNTIL THE BIGGER CRASH NOT SO SOONHere is a reasonable correlation of BTC patterns and why we are at the end of the bears. As you can see, the first chart shows the 2013 crash(not the 2014 one. this one took about 4 months, just like the one we have today-and it broke out after 4 months). The movements aren't exactly identical but the hype, popularity and insight wasn't the same back then, so in 2017 December we had another bull run after the run to 20k, which ended at around 17k. This is the hype. We must look for correlations between the bigger pictures, like where a cycle started&where it ended. Everything between those two points is noise, which may have changed since 2013. What I'm focusing on is: It doesn't make sense to say we will have the 2014 crash just because the crash took so long. As you can see, the crash on 2013 took just as long as the one now-4 months. And leaded to another parabolic leg upwards making amazing gains, until the bigger crash in 2014. We can't just jump from 1 month corrections right into a 1,5 year one. The 2014 crash had a smaller crash before it(like the one we have now before the bigger crash starting in around 2019). But now we didn't really have that 2013 'smaller' crash beforehand to have the 2014 crash again.We're in that 'smaller' crash and it's ending. This spike today just supports this pattern even more. The 2 weeks of consolidation around 6k supports this too. I spoke about a reversal on my previous idea too, if you give it a read, it shows how we are going through a reversal in 4hr candles. And this one is about 1d candles. So let's watch this last daily candle breaking the long downtrend line, or the ones in the next days. We're in the early stages of a bull cycle now-hope so!
BITFINEX:BTCUSDLong
by candlesticker7
MA: Parabolic price action & valuations = Massive ShortWhen I see parabolic price action like Mastercard's weekly chart, I start thinking on how to structure a short because we all know parabolic price action always always ends in tears. It does help that MA is trading at....3.5x of its average 13-years P/B and has a...-0.25% real earnings yield (adjusted for US 10 T-bond). With MA implied vol trading at an elevated 34 and a nice skew, one can structure a July -5/-15 put spread for c.1.6% with a max c.4x payout if MA hits the min price target of $144 (being the weekly 38.2% retracement). I am most probably too early on this call with my short term tactical view being positive as we head into earnings season (MA reports 2 May'18) but...it is either you get the high vol or a better entry price. Either way, I would like to get some optionality into the books.
NYSE:MAShort
by WellTrainedMonkey
Is a financial crisis ahead?In this vlog I explore mainly the shape of the younger Bitcoin parabolic correction with the much older and seasoned Wall Street (US30). The emphasis here is in the nature of the struggle to avoid correction and the similarities in form . The parabolic struggle seen in Bitcoin on the daily time frame, could well be reflected in the US30 on a weekly time frame. As the US30 is a much older more seasoned instrument, that's why I took 1 week of the US30 to approximate to 1 day of Bitcoin. Parabolic markets are superheated and resist correction. Keep in mind that it's a new world where we have electronic dealing, so the fight to stay afloat is likely to be more reactive and violent. For those who are interested focus on the form of the struggle. What can we learn from the Great Recession ?
FX:US30
by Captain_Walker
My bitcoin parabullic bulltard chartWell, as you can see, btc had two parabolic movements in the past, in case we see a fractal, we should start bouncing in a new and faster parabolic movement (i see it unlikely now) IN CASE btc goes parabolic, top would be around 66-88k. (parabolic moves from top to top) past: 1st parabolic movement from 16 usd to 260usd: 1500% 82% retracement. 2nd parabolic movement from 260usd to 1170: 335% 88% retracement followed by a long consolidation period. pic 1 s3.amazonaws.com Present: (top to top) 1st parabolic movement from 1170 to 19850usd: 1500% (sounds familiar?) this is the part where i doubt, we only retraced 70% from previous ath. So in case btc decides to retrace 80% like previous retracements i placed that blue line. My bet: 1ST SCENARIO: 2nd parabolic movement (in case we keep going and forget 80% retracement) from 19850 to 88800usd: 334% (sound familiar?) 86% retracement - bottom around previous ath (19k and weekly support, 12k. like previous run, bottom were found around previous ath and weekly resistance (check pic 1) pic 2 s3.amazonaws.com 2ND SCENARIO. Btc doesnt bounce and go for 80% retracement. We consolidate for a long period until we touch pink trendline. (check pic 1 to see where it starts) pic 3 s3.amazonaws.com pic 4 s3.amazonaws.com s3.amazonaws.com As you can see in this scenario i expect bitcoin to revisit that pink trendline that in my opinion is very very important. both cases are very bullish in the long term.
BITSTAMP:BTCUSD
by frankoverwood
1
BTC - Incoming LAST DIP!Before going into the details I'd like to note that this isn't BTC's first rodeo coming back from a dip. Looking at the previous 5 dips, this projection is in line with how it recovers and STAYS PARABOLIC. If this chart is wrong and BTC goes to its .786 at $8,800 support, then I'm selling all my BTC and staying out for a LONG TIME. Because that's a long road to recovery. That being said, We have a nice road to recovery here with a strong bounce on a .618 level up to $10,800 today. Expecting the pull back to bounce off the strong baseline that's been formed since initial recovery from 6k. This baseline is also perfectly in line with a convergence of FIB levels .5 and .618 This is PERFECT STORM and is a big deal as it will provide a TON of spring and volume to get us out of this structure. The projected FIB extension is based off of market history for levels, but I'm not as sure on those levels. I am bias however that 13888 will be a number we hit very soon in March. Clif High is my homeboy :P
COINBASE:BTCUSD
by roaken
9
Parabolic Advance Breached -> Range BoundI see a clear long-term pattern developing. First we had a strong parabolic advance, which once breached, lead to range bound trading for ± a year. Then we had another strong parabolic advance, which once again breached, appears to be leading to range bound trading again. I will keep a careful eye on how this develops, to see if there are any signs that a new advance is developing, but based on other TA, I suspect we will remain with this range for the foreseeable future.
BITSTAMP:BTCUSD
by ntaoussanis
1