I don't see how this chart is predicting future prices. These are simply historical data. Or am I missing something?
It already predicted, with frighteningly good accuracy, some 10 weeks before the selloff. Thats what you missed.
Topic: Mystery Chart Says to Buy Btc now and sell in ~115.2 Days - page 2. (Read 16244 times)
It already predicted, with frighteningly good accuracy, some 10 weeks before the selloff. Thats what you missed.
Here is an updated chart. It looks like the indicator did have a lower peak a few weeks ago. So that means it recommends to hodl steady (buy stuff with btc then replenish) for another ~100 days then start buying and sell in ~220 days. I have no idea why this cycle would exist and I would expect it to end now that this thread has gotten attention.
I don't see how this chart is predicting future prices. These are simply historical data. Or am I missing something?
The Mystery Chart has become a bit of an obsession with me.
I am now applying these time cycles to many charts.
Today I found an odd timing pattern where 2x the major low to major low period of the recent "bubble" interests the date where the major downtrend line from the double top meets the $1000 Bitstamp significant resistance. It's easier to understand on the chart.
I am now applying these time cycles to many charts.
Today I found an odd timing pattern where 2x the major low to major low period of the recent "bubble" interests the date where the major downtrend line from the double top meets the $1000 Bitstamp significant resistance. It's easier to understand on the chart.
Hey nice work, what's your TV user?
Would you mind sharing or publishing the final TV chart?
if i may chime in:
https://www.tradingview.com/u/Gordon%20Geeko/#published-charts
i'm still more lurking and learning about TA, but sir lagsalot's charts are some of the most interesting i've seen so far on tradingview.
big thanks from my side here and keep it coming.
The Mystery Chart has become a bit of an obsession with me.
I am now applying these time cycles to many charts.
Today I found an odd timing pattern where 2x the major low to major low period of the recent "bubble" interests the date where the major downtrend line from the double top meets the $1000 Bitstamp significant resistance. It's easier to understand on the chart.
I am now applying these time cycles to many charts.
Today I found an odd timing pattern where 2x the major low to major low period of the recent "bubble" interests the date where the major downtrend line from the double top meets the $1000 Bitstamp significant resistance. It's easier to understand on the chart.
Hey nice work, what's your TV user?
Would you mind sharing or publishing the final TV chart?
The Mystery Chart has become a bit of an obsession with me.
I am now applying these time cycles to many charts.
Today I found an odd timing pattern where 2x the major low to major low period of the recent "bubble" interests the date where the major downtrend line from the double top meets the $1000 Bitstamp significant resistance. It's easier to understand on the chart.
I am now applying these time cycles to many charts.
Today I found an odd timing pattern where 2x the major low to major low period of the recent "bubble" interests the date where the major downtrend line from the double top meets the $1000 Bitstamp significant resistance. It's easier to understand on the chart.
reserved. 
I wrote about this mysterious Mystery Chart of Mystery over on CryptoCoinsNews. It inspired me to do some charting work with timeframes. I arrived at a fairly consistent cyclical view of price action. Would welcome any futher ideas, let's figure this thing out!
Quite excellent! Bookmarked for future study.
I wrote about this mysterious Mystery Chart of Mystery over on CryptoCoinsNews. It inspired me to do some charting work with timeframes. I arrived at a fairly consistent cyclical view of price action. Would welcome any futher ideas, let's figure this thing out!
Edit: So what does it indicate the price will be in a year? :-D
2014 peek > $10,000
Yeah, I figure $2500 as an absolute minimum and $6500-$8500 more likely. Hodling is smart from Winter onwards for sure!
Edit: So what does it indicate the price will be in a year? :-D
2014 peek > $10,000
I would interpret the latest thinking as the lowest low will occur in March then.
Edit: So what does it indicate the price will be in a year? :-D
Edit: So what does it indicate the price will be in a year? :-D
So this indicator is basically saying the crash is over now?
I don't think it means lowest lows have been hit. Look at what happened after the "$30 bubble", lowest point wasn't hit until way later. It just means you missed the peak.
How do you update a mystery indicator?
It is a mystery to you, not to me
Here is an updated chart. It looks like the indicator did have a lower peak a few weeks ago. So that means it recommends to hodl steady (buy stuff with btc then replenish) for another ~100 days then start buying and sell in ~220 days. I have no idea why this cycle would exist and I would expect it to end now that this thread has gotten attention.
So: between 4/2/2014 and 7/31/2014 (US notation)
Here is an updated chart. It looks like the indicator did have a lower peak a few weeks ago. So that means it recommends to hodl steady (buy stuff with btc then replenish) for another ~100 days then start buying and sell in ~220 days. I have no idea why this cycle would exist and I would expect it to end now that this thread has gotten attention.
How do you update a mystery indicator?
So this indicator is basically saying the crash is over now?
Here is an updated chart. It looks like the indicator did have a lower peak a few weeks ago. So that means it recommends to hodl steady (buy stuff with btc then replenish) for another ~100 days then start buying and sell in ~220 days. I have no idea why this cycle would exist and I would expect it to end now that this thread has gotten attention.
Some of these guesses are pretty funny.
The top chart is price up to the date of the post in log scale. It is only mt gox. The second is the mystery indicator which looks like it cycles with different periods, the strongest of which is 230.4 days. That is where the 115 day prediction came from. When mystery indicator is high it has been a good time to buy (in the past), when it was low it was good time to sell. The red and green lines are dates when the mystery indicator had "peaks", the value from the peaks is also shown below as the boxplots and density plot.
The top chart is price up to the date of the post in log scale. It is only mt gox. The second is the mystery indicator which looks like it cycles with different periods, the strongest of which is 230.4 days. That is where the 115 day prediction came from. When mystery indicator is high it has been a good time to buy (in the past), when it was low it was good time to sell. The red and green lines are dates when the mystery indicator had "peaks", the value from the peaks is also shown below as the boxplots and density plot.
here's the video that goes with it, from the OPs previous posts...:
http://tinypic.com/player.php?v=a32ntz&s=5#.UriZM_RDuF8
http://tinypic.com/player.php?v=a32ntz&s=5#.UriZM_RDuF8
I think this is a 1000 day chart prediction based on historical analysis.
can someone please make a graphic that explains what im looking at? the only thing i recognize is the log chart. and it looks as it ends now. so how are you determining that the next run up is predicted in february?
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