In this analysis I want to come back to an analysis I made back in March and June this year. I talked about my Logarithmic Price Bands indicator and how it has successfully predicted a BTC top around in the yellow band. Over two months after the analysis, the price has fallen through the yellow price band again. It's looking like BTC is losing upward...
Hello everyone ✌ In the weekly time frame, as you can see, the long-term price trend from the 8$ range faced buying pressure and was able to grow to the 27$ range. Currently, after a slight correction of the price from the lv range of 16 dollars, it has a positive reaction and is in the range of 23 dollars. the price is fluctuating in the long-term range of the...
The bet between billionaire Balaji and VATman Medlock on Twitter is going viral. Balaji is betting that due to hyperinflation Bitcoin will be worth $1 million dollars in 90 days. I thought it interesting to see what that would look like on the logarithmic. Seems totally farfetched... or is it? :D Heres the bet below: @jdcmedlock I'll bet anyone $1 million...
Logarithmic scale. BTC DROP TO 220$ In this graphic it is possible to see the 3 ascending triangles more and more closed. You are disconnected first descending triangle, my predictions is that more 2 will come on the way. You can also see that at $ 4200 there is a fib. I sincerely think that btc will no longer pass in the near future.
Properties of the period that is between halvening and ATH : - All time high happens after halvening. Then drops significantly. - In logarithmic chart, Price increase in percentage drops %33 at every blue box. - Period between halvening and ATH takes longer by %38. So; after the third halvening, price change can be around %1000 and time for that ATH will be 90...