Bitcoin long term chart tradingview can be used to pay for things electronically, if both parties area unit willing. inward that sense it’s like conventional dollars, euros or yen, which stern also be traded digitally using ledgers owned by centralized banks. like payment work such territory PayPal or credit cards, however, once you send a. The promised Reaction of alan masters Bitcoin tradingview long term Bitcoin chart comes unsurprisingly by that extravagant Interaction the individual Ingredients to stand. One thing that organic Product how to alan masters Bitcoin tradingview long term Bitcoin chart distinctive makes, is that it is only on body Mechanisms retracts. Bitcoin long term chart tradingview is decentralized. Bitcoin is money, but to buy Bitcoins, you need to send money to someone else. The more civilised the financial system of your country is, The better the financial system you live Hoosier State, the easier it is to exchange your money In Bitcoins.
Bitcoin long term tradingviewBitcoin longterm chart for BNC:BLX by FlaviusTodorius67 — TradingView
The next peaks should be at around k in , and around k in I hope this chart helps people understand the longterm growth dynamics of BTC :. Comment: So, 5 months later it seems that we are still on track for that low in a few months. It could be as low as , because that line is of course not very precise, the smallest deviation yields a few hundred USD above or below. But it can serve as a good orientation point when to start buying cheap coins :.
Comment: It turns out that this prediction here has become way too conservative. Bitcoin started the bullmarket earlier than predicted. I updated the longterm chart here:. Comment: Apparently we're exactly where we should be. But: I think we'll reach k earlier than this chart suggests, already in instead of How are you drawing that exponential curve on tradingview? I have been wanting to do some of this type of engineering type analysis, but I'm new to tradingview so I can't seem to find all the tools.
Bitcoin wisdom should do lines on the exponential chart that turn in to exponential functions on the linear chart, but I am not aware of how to draw with custom exponents or functions of exponents. AdrianZieniewicz zcbercomputing. That's one of the reasons I don't appreciate such predictions. I think BTC is closed to the bottom, 3.
The problem with all projections, where the price moves up and down, between two straight log lines or, more recently, between two parabolas, is that it is extremely unnatural. Unnatural, because you can literally see that someone spent a long time designing and inventing it on a drawing board. It is a very artificial creation. I do not believe that real market price movements will remain range bound between these artificially designed log lines, parabolas or whatever.
The people who draw these silly lines over and over again have taken on the futile task of predicting the future by years ahead. Something nobody can do. WickTrade , If I was from the future, the last year I would ever come back to would be :.
Looking on target for that 20k Dec ! Spot on , this chart is like gold dust to the crypto community. This is sexy! Golems , Good lord, Ive almost become aroused at the thought that someone thinks I might be a market analyst, appreciate it man.
I 'am' but Ive only been doing it for 2 years and dont even trade, i just enjoy analysing the charts and have a hodl plan. There is literally zero 'professional qualification' knowledge behind any of this, so it should be taken with a pinch of salt, but Bitcoins very structured 4 year halving cycle does seem to so far create these repeating fractals, but weve only had 2 or 3 so its only working from limited data.
One thing is for sure, markets are just humans, and they have very preictable behaviour - especially in a commodity thats mystical and not fully understood. As far as a geo political even affecting the price - No, this is just, in my opinion, naturual organic growth for bitcoin over the next few years based on its scarcity and its stock to flow model - Go to twitter, find trillionusd and read all his shit If theres a global financial collapse, or ban , or a nation states its using btc - this will all happen in months.