Author

Topic: Nearing the linear regression trendline signal (Read 932 times)

legendary
Activity: 1414
Merit: 1000
HODL OR DIE
Next bubble at 4k then. I'll take it.
full member
Activity: 233
Merit: 101
Yes, I think we are close. But will likely see some leveling before the big run up. I'm guessing that we we would see the full run in July or early August. Of course this is bitcoin and it could come earlier.  Wink Personally I'd like to see some more time and buying pressure build before the run - so that we can go full speed for a panic buying peak.
legendary
Activity: 1106
Merit: 1005
Looking at the chart seems that we are still too close to the last peak to start a new bubble,
I hope that the recent price increase is the start of a new ATH rally, but maybe is too early.

it has been about 7 months or so since the last peak, and there's usually about 8 months in between peaks. So a peak in July is to be expected.
full member
Activity: 196
Merit: 101
Looking at the chart seems that we are still too close to the last peak to start a new bubble,
I hope that the recent price increase is the start of a new ATH rally, but maybe is too early.
legendary
Activity: 1106
Merit: 1005
$750 is also one of the fibonacci points, so it may take some effort to break $750. But once we're past that we will see the moon for sure.

But first we have to get back at $680+
legendary
Activity: 896
Merit: 1001
Nearing the transcendant evasive apex beacon.

Fucking finally.
hero member
Activity: 924
Merit: 1001
Nearing the transcendant evasive apex beacon.
hero member
Activity: 518
Merit: 500
Glad to see you back making another post brah. Nice chart
sr. member
Activity: 364
Merit: 250
The red line is the Excel trendline computed using only data from the past up to that point in time.  If the chart had been made on that date, the trendline would have crossed at that point.  Look what happens every time the price crosses that line.  The trendline is at $752 now.  We're almost there.  Interesting times ahead.  Also note the red line might make a good stop loss for those not holding.


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