Topic: BETI: Bitcoin Exponential Trend Index and technical analysis - page 22. (Read 110414 times)
Last time it was positive we have a little crash. And then a big one.
Without a big crash in the coming 2.5 hours, today (13/10/2017) should have a positive BETI
Date: 12-Oct-2017
BETI: -0.069
VWAP: 5149.57
x: 2,644
a: 0.003297
b: -0.101364
Rsq: 0.825148
Expected price: 5516.36
Actual price / expected price: 93.35%
BETI ATL price: 593.90
BETI ATH price: 35712.17
Expected date: 21-Sep-2017
# of days ahead: -20.87
Daily VWAP rank: 1
https://www.wolframalpha.com/input/?i=e+%5E+%28+0.0032968371699958++%28+number+of+days+since+jul+17%2C+2010+%2Fdays+%29+-0.101363689764087+%29
Date: 12-Oct-2017
BETI: -0.069
VWAP: 5149.57
x: 2,644
a: 0.003297
b: -0.101364
Rsq: 0.825148
Expected price: 5516.36
Actual price / expected price: 93.35%
BETI ATL price: 593.90
BETI ATH price: 35712.17
Expected date: 21-Sep-2017
# of days ahead: -20.87
Daily VWAP rank: 1
https://www.wolframalpha.com/input/?i=e+%5E+%28+0.0032968371699958++%28+number+of+days+since+jul+17%2C+2010+%2Fdays+%29+-0.101363689764087+%29
Now only 30k left to be in a bubble again. Would like to see that.
Arguably we are already in a bubble. Nope, and BETI shows it.
Now only 30k left to be in a bubble again. Would like to see that.
30k more would be BETI all time high.also less than BETI ATH at 30k, jl will probably post tonight.
I don't see any reason for BETI to NOT reach at least 1.5 this time around, maybe more.
This jerking up and down is heavy cavalry of WS that is on the march: 55 funds with a single fund (Novogratz) at 550 mil.
Add to it GS, Cohen, etc.
Internet stocks went to $3 tril (from numbers similar to crypto today) in 1998-2000.
Now only 30k left to be in a bubble again. Would like to see that.
Arguably we are already in a bubble. 30k more would be BETI all time high.I'm thinking that we won't see a bubble reaching as high as the 1.5-1-8 BETI range this time around. The amount of transactions that would require on the blockchain would make the fees skyrocket in terms of satoshis/byte. This, coupled with a higher price per satoshi, would make a lot of the new blood (which are the ones that would drive up the price) start doubting if a bitcoin is really worth 15k, or whatever it's up to at that point.
I think it's more likely that we will have a second bubble that will bring us there, once aggregated signatures and lightning network is starting to become widespread.
Now only 30k left to be in a bubble again. Would like to see that.
It's 10 hours before we could confirm a positive BETI. It was a near miss in September. So finger crossed
Ok now I think we've reached a point where this thread is becoming pretty interesting again for everyone of us!!
We should be above zero now. Let's see in how far history will repeat again.
Thx @jl2012 for this very informative thread.
We should be above zero now. Let's see in how far history will repeat again.
Thx @jl2012 for this very informative thread.
this is interesting... so just using an exponential trend, basically?
yes, but the regression is done everyday only using the data available at that day
We had a big jump in BETI yesterday. It's now over -0.2. As of writing the price is $4080. I think it's very possible to see 0 BETI
BETI for some psychological resistance:
5000 0.085905352
7500 0.49137046
10000 0.779052532
15000 1.18451764
20000 1.472199713
25000 1.695343264
Since we've gone above 0, it might be a good idea to keep an eye on these psychological resistance points. If the trend continues, we'll want some targets for profit taking, for sure.
I know there must be plenty of technical points of resistance between here and the upper range of these psych points, but if it stays above 0 with conviction, we're in a zone with only a handful of historically similar moves.
Love this thread. I always come back to the log trend lines.
Now it requires >$5500 to go above 0. The "0 price" is increasing by >$16 per day
Done? $5596 right now.
Trace Mayer threw in a $27K short term target, which is kind of similar to 1.87 BETI
EDIT: I wonder if he is BETI's fan, otherwise the coincidence is uncanny
Not sure what VWAP is/will be for today, though.
It bottomed at about -0.41, and is currently around -0.3. The next resistance is -0.2 ($4330)
By the way, we need >$5300 to get a BETI of 0
Ok, we have to be positive now, next stop +2?
Now it requires >$5500 to go above 0. The "0 price" is increasing by >$16 per day
Date: 11-Oct-2017
BETI: -0.138
VWAP: 4789.38
x: 2643
a: 0.00330
b: -0.10142
Rsq: 0.82499
The day's expected price: 5498.78
Actual price / expected price: 87.10%
Price to break the -2.23 all-time-low 592.01
Price to break the +1.87 all-time-high 35598.34
Predicted date for today's price: 30-Aug-2017
Days ahead: -41.90
Daily price rank: 3
(See OP for explanation)
https://www.wolframalpha.com/input/?i=e+%5E+%28+0.00329689632386869++%28+number+of+days+since+jul+17%2C+2010+%2Fdays+%29+-0.101415914896682+%29
BETI: -0.138
VWAP: 4789.38
x: 2643
a: 0.00330
b: -0.10142
Rsq: 0.82499
The day's expected price: 5498.78
Actual price / expected price: 87.10%
Price to break the -2.23 all-time-low 592.01
Price to break the +1.87 all-time-high 35598.34
Predicted date for today's price: 30-Aug-2017
Days ahead: -41.90
Daily price rank: 3
(See OP for explanation)
https://www.wolframalpha.com/input/?i=e+%5E+%28+0.00329689632386869++%28+number+of+days+since+jul+17%2C+2010+%2Fdays+%29+-0.101415914896682+%29
Perhaps we will break 0 this time...
Date: 4-Oct-2017
BETI: -0.240
VWAP: 4233.87
x: 2636
a: 0.00330
b: -0.10239
Rsq: 0.82395
The day's expected price: 5383.76
Actual price / expected price: 78.64%
Price to break the -2.23 all-time-low 579.63
Price to break the +1.87 all-time-high 34853.75
Predicted date for today's price: 23-Jul-2017
Days ahead: -72.85
Daily price rank: 22
(See OP for explanation)
https://www.wolframalpha.com/input/?i=e+%5E+%28+0.00329800207260096++%28+number+of+days+since+jul+17%2C+2010+%2Fdays+%29+-0.102390514926083+%29
BETI: -0.240
VWAP: 4233.87
x: 2636
a: 0.00330
b: -0.10239
Rsq: 0.82395
The day's expected price: 5383.76
Actual price / expected price: 78.64%
Price to break the -2.23 all-time-low 579.63
Price to break the +1.87 all-time-high 34853.75
Predicted date for today's price: 23-Jul-2017
Days ahead: -72.85
Daily price rank: 22
(See OP for explanation)
https://www.wolframalpha.com/input/?i=e+%5E+%28+0.00329800207260096++%28+number+of+days+since+jul+17%2C+2010+%2Fdays+%29+-0.102390514926083+%29
September 29, 2017, 01:39:30 AM
Zooming out:
September 29, 2017, 01:37:05 AM
It bottomed at about -0.41, and is currently around -0.3. The next resistance is -0.2 ($4330)
By the way, we need >$5300 to get a BETI of 0
September 29, 2017, 01:29:38 AM
Sorry, have been distracted by other things
Date: 28-Sep-2017
BETI: -0.234
VWAP: 4187.55
x: 2630
a: 0.00330
b: -0.10342
Rsq: 0.82307
The day's expected price: 5289.09
Actual price / expected price: 79.17%
Price to break the -2.23 all-time-low 569.43
Price to break the +1.87 all-time-high 34240.87
Predicted date for today's price: 19-Jul-2017
Days ahead: -70.78
Daily price rank: 23
(See OP for explanation)
https://www.wolframalpha.com/input/?i=e+%5E+%28+0.00329917145602274++%28+number+of+days+since+jul+17%2C+2010+%2Fdays+%29+-0.103418811854715+%29
Date: 28-Sep-2017
BETI: -0.234
VWAP: 4187.55
x: 2630
a: 0.00330
b: -0.10342
Rsq: 0.82307
The day's expected price: 5289.09
Actual price / expected price: 79.17%
Price to break the -2.23 all-time-low 569.43
Price to break the +1.87 all-time-high 34240.87
Predicted date for today's price: 19-Jul-2017
Days ahead: -70.78
Daily price rank: 23
(See OP for explanation)
https://www.wolframalpha.com/input/?i=e+%5E+%28+0.00329917145602274++%28+number+of+days+since+jul+17%2C+2010+%2Fdays+%29+-0.103418811854715+%29
September 26, 2017, 07:30:46 AM
can we have any updates please? 
September 23, 2017, 04:37:11 AM
0 BETI and ~$5000 seem to be an important resistance
very successful
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