On the chart, we can see that METC has formed a double bottom , and is showing bullish movements already. RSI is showing bullish divergence and crossing. It can be entered either at the breakout point or at the current strong support level . The first target is purely based on the forming of the setup (TA), while the second target is at the resistance level...
Metcalf's law BTC Cycle on Weekly TF. BTC has much lower to go before this cycle is up and trend changes, see red box with days.
I know everyone will say this is an outlandish call but I am making it anyway. I FULLY Expected $BTC to bounce at the most recent TL support around $38,400-$40k just as everyone else did. But the signs were there and I wish I saw them earlier that $BTC has Topped for 2022 and will likely not see a bottom until 12-18 months from now. I expect the low to be...
Metcalfe's Law has been successfully used to value a variety of network effect technologies and businesses, including Facebook and Tencent. Applying Metcalfe's Law to Bitcoin , using "Daily Active Addresses" (DAA) as the "n" value, yields interesting results. Historically, Bitcoin has tracked the Metcalfe Law Fair Price reasonably well. A number of studies have...