Bitcoin logarithmic chart tradingview

While BTC has dipped back down recently, we are still very much on track. In fact, we are still fairly far ahead with regards to our "fair value" logarithmic regression support band, fit to "non-bubble" data. This market cycle will likely be a long one, so buckle up for the journey, and maybe one day BTC will flirt with the upper "peak" logarithmic regression band. This is my version of the numerous Bitcoin projections that I have seen on a variety of YouTube channels. It uses the BLX BraveNewCoin Liquid Index that goes back to , and the Bitcoin Log Growth Curves Indicator found in Trading View. I am curious to see if the repeating cycles will hold true for the coming year. TradingView. EN. TradingView. simple logarithmic chart showing possible bitcoin price 1. 0. Bitcoin longterm chart. BLX They are wrong because bitcoins support and resistance lines are NOT linear in the logarithmic chart. I think that the correct fit is a square root function in the logarithmic chart, meaning that the growth is slowing.

Bitcoin logarithmic chart tradingview

Bitcoin Fair Value and Peak Logarithmic Regression Bands for BNC:BLX by bjcowen — TradingView

Great minds think alike. AthenticWhale1 , I made also a S2F model based on the trend of the 2 previous halvings, where the 2nd halving is going less higher than the 1st one :. While I agree that Bitcoin has the potential for further logarithmic growth, you're understanding of log charts is incorrect.

You are in fact throwing darts with a blindfold on in a way. The difference between a log chart and a linear chart is simply the scale of the Y-axis. A linear chart's scale is distinct and each point represents an equal amount, while a logarithmic chart spreads the value out as if it were approaching infinity.

That in no way implies that the asset being measured is forever is getting closer to it's infinite bound. A log chart simply scales from zero to the upper limit value "approaching" infinity ; but infinity is arbitrary and depends on the chart. There is absolutely no correlation between an asset's price and whether you're using a log or linear chart, it is a scale; nothing more than a tool to display a value with a large relative change between it's high and low in a more user-friendly way.

Due to the scaling, a log chart will always make an asset look as if it is becoming more stable, because as you go higher up the Y-axis of the chart, the intervals get smaller and smaller. If you're assuming that BTC will stabilize based on a log chart, you're being fooled by the scale which, by itself, is NOT an accurate portrait of volatility.

Also, the halving does not reduce ROI. This Christmas pattern is just for fun but at the same time may be relevant to the current situation. The infamous "Then they fight you" phase started! Merry Christmas. Hi Everyone! Merry Christmas! It's not a bad idea to have another window up with the 3h, 6h and 12h time frames as well. What do yall think? Let me know how likely it is for Bitcoin to hit this kind of price action Happy Holidays!!!

Hello everyone In my previous analysis even though I am bearish in bigger picture.. However in 1 hour time frame we could have a breakout that could lead to a new high Price stuck inside a triangle..

Price broken triangle but need to close above green line and same time Green line need to hold as support.. Yesterday BTC aims towards local support orange line. After trying to attempt this support area we started seeing a nice uptrend.

This resistance area marks a critical resistance target. Meaning it goes forever always getting closer to 1. It may take many more halving's for that to happen. The day moving average is so captivating! Math just doesn't get better than this! Such a delightful graph! Using Stock to Flow, logarithmic regression and day moving average. Here is a very simple chart of BTC on the weekly time frame in log format. I think the second all time high will be in November through February Using 2 versions of the Logarithmic regression of Bitcoin to forecast future btc prices.

Curious which regression will be more accurate. I used two of my favorite indicators Logarithmic Regression or non-linear regression and Stock to Flow to measure the value and range of Bitcoin. Hopefully it will be useful as we look towards the future. This can't be done in this space. Too involved. Check out the symmetrical triangle that has been formed on the weekly timeframe.

I'm a crypto newbie, so the pricing relationship comparisons across time are very curious to me. Similarity of currency patterns over time on a linear scale, and crypto patterns on a logarithmic scale sort of make sense to me.

But the similarity is more than I would have expected.

BTC Logarithmic Curve BTCUSD Crypto Chart

This is my version of the numerous Bitcoin projections that I have seen on a variety of YouTube channels. It uses the BLX BraveNewCoin Liquid Index that goes back to , and the Bitcoin Log Growth Curves Indicator found in Trading View. I am curious to see if the repeating cycles will hold true for the coming year. Watch live Bitcoin to Dollar chart, follow BTCUSD prices in real-time and get bitcoin price history. Check the Bitcoin technical analysis and forecasts. TradingView. EN. TradingView. simple logarithmic chart showing possible bitcoin price 1. 0. Bitcoin longterm chart. BLX They are wrong because bitcoins support and resistance lines are NOT linear in the logarithmic chart. I think that the correct fit is a square root function in the logarithmic chart, meaning that the growth is slowing. Tags:Bitcoin trading volume today, Cara deposit doge di vip bitcoin, Bitcoin gratis tanpa deposit 2018, Deposit bitcoin into coinbase, Hitbtc fiat deposit

1 thoughts on “Bitcoin logarithmic chart tradingview

  • 07.02.2020 at 19:36
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    What necessary words... super, an excellent phrase

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