Browse Symbol Stacks: $BTC: slopechart_$BTC.jpg

slopechart_$BTC.jpg

Fun with new toys. 

Linear regression +/- 3 months of 2017 high 
and 
Imagines 4/14/2021 as possible high, -3 months to current.  

Hypothesis: Nobody that mattered cared about Bitcoin in 2017. 
The army of motivated libertarians has run into the real. Top is in. 

If correct, floor is around 20k. 

Saved for posterity because I won't know for a year. Two bulls back we had kind of a double pump with a double dump that kind of made a chart like this with an even higher high.  

I'd actually feel a lot better if the thing just kind of wandered up for a couple decades instead of the rollercoaster so far. Is it ok to cheer for the quants?

Image added via SlopeCharts
slopechart_$BTC.jpg

Comments

sandunessandunes
Late comment. Reviewing my own charting. This is beast mode engaged. Note to self: Don't stop. 7/26/21
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