Hi traders,
I did a logical calculation of the bitcoin process.
For Bottom:
$1163-$152.4 = %86.9
$19766-$3122 = %84.21
%86.9-%84.21 = %2.69
%84.21-%2.69 = %81.52
$69000-%81.52 = $12755
or
$69000-%86.9 = 9039
Bottom = $12755 ~ $9039
=======
For Top:
$2.22-->$1163 = %52,287.39
$152.40-->$19766 = %12,869.82
%52,287.39/%12,869.82 = 4.62
$3122-->$69000 = %2110.12
6.099-4.062 = 2.036
2.036+6.099 = 8.135
%2110.12/8.135 = %259.387
$12755+%259.38 ~= $45804
And no more all time high again
I did a logical calculation of the bitcoin process.
For Bottom:
$1163-$152.4 = %86.9
$19766-$3122 = %84.21
%86.9-%84.21 = %2.69
%84.21-%2.69 = %81.52
$69000-%81.52 = $12755
or
$69000-%86.9 = 9039
Bottom = $12755 ~ $9039
=======
For Top:
$2.22-->$1163 = %52,287.39
$152.40-->$19766 = %12,869.82
%52,287.39/%12,869.82 = 4.62
$3122-->$69000 = %2110.12
6.099-4.062 = 2.036
2.036+6.099 = 8.135
%2110.12/8.135 = %259.387
$12755+%259.38 ~= $45804
And no more all time high again
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.