Get started

LOGARITHMIC

BTC Log Regression: (In)valid?The bottom white curve is the log regression of Bitcoin's price action since its inception. The regression was broken on March 12 when Bitcoin shit itself to the 5000s. Each line in the rainbow of curves represents a fibonacci multiple of the bottom regression line. The regression is multiples are your typical retracements from 0 --> 1 (.236, .382, .5, .618, .786, etc.). The bottom regression line that was broken does not represent the bottom of the retracement, meaning "0." My hunch is that the white line itself is another multiple, such as .236 or .382. As a result, the "invalidation" of the regression in reality was just another movement between fibonacci multiples. I will modify the script at some point to reflect this. As for the ensuing price action, watch from May 1-2 if it tests the white regression line as support, or it breaks and retests a lower multiple that is invisible at the moment. If price breaks below ~8450 in the next 24 hours, I am shorting hard over the next few weeks.
COINBASE:BTCUSD
by Riester
#Weekly: Bitcoin and the global trendTurn on the logarithmic graph. Invert scale. Imagine this is shitcoin. Global_trend was broken for the second time (Aug 17, 2015 & Mar 9, 2020). Buy or sell? If you see such things on shitcoin, you buy, increasing your position as you approach the orange zone. Forget the inverted chart. Go back to bitcoin. Observe the downtrend (price peaks are falling: 20k > 14k > 10k > 8k?). Think about the virus, global recession, crude oil's negative prices. Bitcoin is not a hedging asset. Summary: slow short. Cancel and buy when the price returns to the global uptrend (descent below the orange line on the current chart).
BITFINEX:BTCUSDShort
by antipanicos
BUY - HODL - SELL: BTC halving macro analysis for absolute newbsJust put this together to share with noobs. Nothing revolutionary here. Thank you to Harold Christopher Burger, @filbfilb, PlanB, and /u/capriole_charles for providing research which has been the foundation of my perspective on Bitcoin. If you are new to these concepts, read about these fundamental BTC concepts in the following 4 articles: 1. Bitcoin’s Natural Long-Term Power-Law Corridor of Growth - Harold Christopher Burger 2. Modeling Bitcoin's Value with Scarcity - PlanB @100trillionUSD 3. The Economics of the Bit coin Cycles - @filbfilb 4. Bitcoin is trading at ~35% discount to its Energy Value - /u/capriole_charles Also the following charts are very useful: 1. Stock-to-Flow-Model (with variance oscillator) - lookintobitcoin.com 2. BTC Charts on digitalik.net Disclaimer: This graphic is not financial advice.
BNC:BLX
by wh1te_r0se
1
Bitcoin Might Have Reached a Long-Term BottomPlease press the LIKE button if you enjoy the analysis The support line outlined in the chart above is drawn in the logarithmic scale and has been in place since BTC’s inception. In addition, the 200-week moving average is outlined in black. The price has validated both the support line and the MA numerous times, the prior three being on: -August 2015 -December 2018 -January 2019 The current weekly candlestick is below this support line and has touched the MA. However, there are four more days until the weekly candlestick closes, so we cannot yet state that the price has broken down below this line. For example, on August 2015, the price decreased way below this level only to bounce afterward and close the week slightly above the MA. The weekly RSI can be helpful in determining where the current price level is in regards to previous cycles. It has been oversold on only two occasions, January 2015 and December 2018. The current decrease that touched the support line has occurred 462 days after the RSI bottom. Interestingly, the price also touched the support line 462 days after the January 2015 bottom and created a very long lower wick. As for the vertical lines, they represent the halvening dates. The proximity to halvening is another similarity between these two cycles and suggests that this is probably a bottom. Therefore, the most probable move from here is a gradual price increase that would cause a weekly close above $6,000 and the ascending support line. The rate of increase would be expected to increase after halvening.
BITSTAMP:BTCUSDLong
by BitcoinMaximus1
Tale of the RSI, To Take Us HomeWell, here we are. Can check my previous posts for a daily analysis, targeting 7700-8k range. But.. this is it, isn't it? The sell off all have been waiting for. The time at which the bull run truly begins. Before the halving, fear (albeit controlled) hit the market. Hitting the bottom of the long term growth curve. Business, people, institutions, all ready to buy. This will be interesting to look back on in a couple of years. Enjoy the sell off. Savor the discount it provides us. For we are nearing time to moon. Was randomly looking at this chart on the weekly and the RSI caught my eye. How close to exact it matches the last bull run. High lows, bullish divergence, about to dance up the latter. Maybe slightly more downside to go. But we are looking solid. (Below 6k, though, and run for the hills...fast).
BITSTAMP:BTCUSD
by Casey22
BTC triangle and logarithmic regressionBTC Weekly chart. Down Using the logarithmic regression band, it seems logical to place the downside of the triangle at the 0-log line. This seems to indicate that the lowest we should expect BTC to go coming weeks (march, april) is usd 7.5k. The 0.382 fiblevel is at this same height and suggests decent resistance at 7.8k. Up I don't expect a cup and handle situation (not drawn in this chart) based on the stochastic that is coming down combined with high chances of the RSI bouncing on the 55 level. I do not believe coming weeks we will test the upside of the triangle. The RSI and MACD seem to indicate a downward move to the 7.8k level is more likely. Because the 0-log line it is most likely we will just ride on it and then go up to the 9.7k again. Just watch the purple handdrawn line. Nothing fancy, just admitting that the weekly oscillators indicate it's not likely to moon shortterm.
BITSTAMP:BTCUSDLong
by thedude182
Logarithmic Cycles of BitcoinHey there, So this chart might look familiar to you, since there have been numerous posts, regarding the cycles bitcoin seems to go through. On this chart you will see an extended analysis of this rather popular chart by using percentages. Most of the data is discussed directely on the chart, so I will not go into detail down here. Please look at all four written templates, since they provide you with further details and should anwser any ambiguities. In conclusion this chart gives a possible price target, including time, for the next ATH of the coming bullmarket, estimated around Feb-March 2023 at about 150.000$. Let me know about your opinions on this growth model down below. Check out my YouTube channel "Enlightened Trading", since I will look to upload a video on this chart soon. Cheers, Konrad
BNC:BLXLong
by EnlightenedTrading
Bitcoin Reasonable Logarithmic Curve Forecast BandsPrediction presentations are similar to coffee fortune. I don't normally share a template shape like this in any way. But I have seen logarithmic curves drawn symmetrically just to make the eye look nice, and I disagree with any of them.That's bullshit! This is my logarithmic curve bands that I found true. I do not believe in any predictions except macroeconomic predictions. But I believe that by 2020, Bitcoin will reach 2000 levels. I'il tell you the main reason if this forecast keeps it. This is just my little bet: 2020 levels will be seen in 2020. Note : This estimate was shared more as a criticism than the 2000 levels forecast. I will never share a template like this again because it has no value. No one is meant,including me . I will collect and write all of them in an educational idea. Only the fact that these kinds of things make premiums can make us overlook the real things !
BITFINEX:BTCUSD
by Noldo
3
Bitcoin Logarithmic: Which Trend Will Price Follow?For those of you that haven't seen this chart yet, this is a logarithmic chart of Bitcoin . Essentially the difference between this chart and a regular chart, is that a percentage movement in either direction is seen as the same difference. It allows investors to see patterns that might otherwise be ignored on the regular charts. As I've identified with the blue and orange lines, the price of Bitcoin is creating a channel that has been respected for 10 years. If you have seen this chart before, it is mostly tied to people saying how this is the start of the bull market. I agree that this chart is important for seeing the long term trend of Bitcoin, but we have to asked which channel with be given the most respect. If the orange line is the true trend, we could see a grind sideways for a few more months and even possibly create a new low. If the blue channel is respected, there is not much more downside in price. Whatever your opinion, we will have to wait and see how investors behave. Will they heavily sell into the resistance at $6k moving prices back to the previous lows and possibly new lows as well? Or will bulls push the price higher? While finding the bottom is a challenging call, I do have a call for the future. I expect the top of the bull market to hit somewhere around the $300k range. Let me know your thoughts below! Find me on the internet Stock Market and Crypto Related: Tradingview.com StockTwits Twitter Blogging Content: Steemit Other Links: Freedom Standard Coins Etsy Shop Instagram Asset Guild: Website Instagram Buy and Sell Digital Assets: Flippa
BITSTAMP:BTCUSDLong
by micahjmiller
Never ignore the logarithmic chart to see the futureMany pessimists talk of the 2017 pump as if it was the only wave of euphoria Bitcoin ever experienced and that now the "bubble has burst" Bitcoin is finished. I strongly disagree. BTC has pumped and corrected four times before and this is a completely normal (and actually shockingly predictable) repeating market cycle, just like the global boom and bust market cycle we all exist in - i.e. we are due another global recession because the system is designed for it to happen. Fundamentally over the last ten years Bitcoin is going up and up and up. The Bitcoin all time logarithmic chart proves as such, with any corrections all part of the clear upward direction. I can only show the last four years of this here, so you will need to look up the all time version going back to Bitcoin's inception in 2009. In 2011 Bitcoin went from $0.06 (peaked at $29.60) before settling around $5 = an increase of 8233% In early 2013 Bitcoin went from $13.50 (peaked at $230) before settling around $100 = an increase of 640% In late 2013 Bitcoin went from $125 (peaked at $1147) before settling around $250 = an increase of 100% In late 2017 Bitcoin went from $1000 (peaked at $19086) before settling around $2500 = an increase of 150% (Note I've put "around $2500" instead of our current possible bottom of "around $3500", since I personally expect us to go lower.) In any case, it is no secret that institutional money has been flowing into the space over recent months (mostly Over The Counter, so as not to push up the price, yet), and it is they that will fuel the next pump. Last time I checked they know exactly how to play 90% of people for fools to maximise their profits. They will ensure those fools sell low and FOMO in to buy high, while they (the institutions) are doing the exact opposite and reaping huge rewards. To doubt Bitcoin now, is to doubt the greed of the large scale financial institutions. 2011 pump - fueled by early adopters 2013 pump - fueled by early adopters 2013 pump - fueled by early adopters 2017 pump - fueled initially by early adopters, then everyday investors FOMOing in Next pump - fueled initially by institutional money, then everyday investors FOMOing in It's also worth nothing that every previous pump has been fueled by BTC... if one of the other front runner altcoins reaches fruition, they could trigger the next crypto pump. i.e. if XRP (despite being in bed with the banks and hated by many in crypto for it) gets real adoption, its value will rocket and BTC will duly follow it up, along with ETH, ADA, EOS, LTC, XLM, TRX etc. The luckiest thing for smart traders is that all cryptocurrencies are still heavily linked to each other in trading movement/value, so even if most day traders are only looking for a get rich quick scheme, they only need any one altcoin project to succeed and all will pump HARD. The only reason many want more fiat is you can't yet realistically run your life or count your riches with crypto. You can be rich in AUD or JPY, but you can't really be rich in BTC - only its equivalent spending value in AUD, JPY etc. Once the winning crypto coin becomes widely accepted for spending in shops and online, crypto traders/investors will begin to care less about fiat wealth and more about wealth in that specific crypto coin. There is a global appetite for peer-to-peer transactions and we are effectively all still early adopters. Big players (like Facebook/Whatsapp) are soon to launch their own cryptocurrency and it will be interesting to see if they can take advantage of their market position to introduce (arguably by stealth) crypto to the masses. If nothing else, look up the " Bitcoin all time logarithmic chart " and think about where you think it is going next. It should be the most exciting thing you look at all day. Please give me a thumbs up and follow me if you found my analysis interesting. This is for educational purposes only and not a recommendation to buy or sell.
COINBASE:BTCUSDLong
by BCryptological
1