Bitcoin : another long term view
In my last idea I tried to superimpose the previous bubble's double peak - as this is popular "bull porn" and worth considering I thought. However, I couldn't quite shake the feeling that 20k is just as likely to be the top of the mysterious channel that we all stare as while configuring lambos.
To me, its a smidge more convincing than my previous idea, and the log curve in general is much more realistic that following a straight log channel to untold riches for all! As with my previous ideas, I think we may go down to 3k ish.
I just drew these curves in by hand,.. if anyone knows some proper maths, please point me in the right direction on how to use formulas in trading view to try and draw these curves!
All the best, good luck
To me, its a smidge more convincing than my previous idea, and the log curve in general is much more realistic that following a straight log channel to untold riches for all! As with my previous ideas, I think we may go down to 3k ish.
I just drew these curves in by hand,.. if anyone knows some proper maths, please point me in the right direction on how to use formulas in trading view to try and draw these curves!
All the best, good luck
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