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Topic: BETI: Bitcoin Exponential Trend Index and technical analysis - page 6. (Read 110414 times)

jr. member
Activity: 51
Merit: 11
I'd be interested in providing weekly chart updates if someone has the macro and whatnot I need.

I think this is a great indicator and FYI - I'm all out the second the BETI hits .5 this time around. I think the overall tops are trending downwards and people lost lots of money waiting for BETI 1.5 to hit. :-)
newbie
Activity: 7
Merit: 0
would be nice if anyone can give an update on the index

Currently -1.817 - I'd be surprised if we didn't go below -2 before starting a quiet bull run.

How can we draw this chart, brother?
legendary
Activity: 3122
Merit: 1538
yes
Historically a good time to increase BTC exposure. Unless you have given up on the dream of course  Cool
jr. member
Activity: 51
Merit: 11
would be nice if anyone can give an update on the index

Currently -1.817 - I'd be surprised if we didn't go below -2 before starting a quiet bull run.
legendary
Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
would be nice if anyone can give an update on the index

here's an update, the index got rekt

exponentially
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
would be nice if anyone can give an update on the index

here's an update, the index got rekt
legendary
Activity: 2050
Merit: 1184
Never selling
would be nice if anyone can give an update on the index
newbie
Activity: 7
Merit: 0
What expect price in this situation? How can we draw this?

gấu thị trường
kiên nhẫn

OKey, I see.....
hero member
Activity: 870
Merit: 585
What expect price in this situation? How can we draw this?

gấu thị trường
kiên nhẫn
newbie
Activity: 7
Merit: 0
Just a quick clarification... in order to prevent PMs.

In my previous post, even when I mentioned that "175,864,433 entries since Sunday, 25 April 2010 16:37:04 were used" this was not totally correct (my fault). I really started at user jl2012's original date of Saturday, 17 July 2010. This was for comparison purposes.

But if absolutely all the data is used... then the BETI stats are as follows:

Date   9/6/18
VWAP   $6422.69
x   3056 (note this)
y   8.767592
a (slope) historical   +0.0034328567
b (intercept) historical   -0.6732619229
Rsq historical   0.849800825183905
BETI historical   -1.0499563126
Expected Price historical   $18353.00
Actual price / expected price historical   34.99530373%

-2.00   $2,483.81
-1.50   $4,095.11
-1.00   $6,751.69
-0.50   $11,131.65
-0.25  $14293.33
+0.00  $18,353.00
+0.25  $23,565.71
+0.50  $30,258.97
+1.00  $49,888.61

What expect price in this situation? How can we draw this?
legendary
Activity: 2576
Merit: 1087
Note: the previous BETI chart was an "historical" plot computed with its regression parameters (slope and intercept) based on the information that was available until that day (so also all days preceding it).

Please compare it with the following chart, which re-computes all past BETIs based on the knowledge we have today, and using only the current data regression parameters. Past BETI values change, obviously, but the plot offers more “big picture rambling” for those of you noticing the current resistance level, with a look at where we are today...





Delighted to see this thread going strong. One of my favourites. Keep up the good work!
legendary
Activity: 1762
Merit: 1011
Where would the -2.0 be right now?

Around $3000, I think.
newbie
Activity: 2
Merit: 0
Where would the -2.0 be right now?
legendary
Activity: 1639
Merit: 1006
And this will be the historical BETI chart using absolutely all the BTC/USD entries in bitcoincharts.com since Sunday, 25 April 2010 16:37:04 till today:



Excellent. Thank you for this.

Next bull run will either break the last beti peak or I think beti is not the long term trend line....
legendary
Activity: 1762
Merit: 1011
Would love to see an update Smiley

Is there a wolfram alpha equation set up for this yet?

I think the links in the following post show the index and the expected price: https://bitcointalksearch.org/topic/m.27581815
newbie
Activity: 6
Merit: 0
Would love to see an update Smiley

Is there a wolfram alpha equation set up for this yet?
newbie
Activity: 18
Merit: 10
Note: the previous BETI chart was an "historical" plot computed with its regression parameters (slope and intercept) based on the information that was available until that day (so also all days preceding it).

Please compare it with the following chart, which re-computes all past BETIs based on the knowledge we have today, and using only the current data regression parameters. Past BETI values change, obviously, but the plot offers more “big picture rambling” for those of you noticing the current resistance level, with a look at where we are today...

https://i.imgur.com/ZArJRDS.png

legendary
Activity: 1762
Merit: 1011
And this will be the historical BETI chart using absolutely all the BTC/USD entries in bitcoincharts.com since Sunday, 25 April 2010 16:37:04 till today:



Excellent. Thank you for this.
newbie
Activity: 18
Merit: 10
And this will be the historical BETI chart using absolutely all the BTC/USD entries in bitcoincharts.com since Sunday, 25 April 2010 16:37:04 till today:

https://i.imgur.com/dc5h98r.png
newbie
Activity: 18
Merit: 10
Just a quick clarification... in order to prevent PMs.

In my previous post, even when I mentioned that "175,864,433 entries since Sunday, 25 April 2010 16:37:04 were used" this was not totally correct (my fault). I really started at user jl2012's original date of Saturday, 17 July 2010. This was for comparison purposes.

But if absolutely all the data is used... then the BETI stats are as follows:

Date   9/6/18
VWAP   $6422.69
x   3056 (note this)
y   8.767592
a (slope) historical   +0.0034328567
b (intercept) historical   -0.6732619229
Rsq historical   0.849800825183905
BETI historical   -1.0499563126
Expected Price historical   $18353.00
Actual price / expected price historical   34.99530373%

-2.00   $2,483.81
-1.50   $4,095.11
-1.00   $6,751.69
-0.50   $11,131.65
-0.25  $14293.33
+0.00  $18,353.00
+0.25  $23,565.71
+0.50  $30,258.97
+1.00  $49,888.61
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