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Topic: Those who forget history will be disgraced. (Read 284 times)

hero member
Activity: 1974
Merit: 534
September 24, 2023, 01:14:45 AM
#32
We have compared the current Bitcoin 1-day chart with past data(NASDAQ) and found similar patterns. You can use this as a valuable reference for investment.
https://heartbitintro.oopy.io/

That sounds like an interesting project and might give some valuable lessons for other crypto traders. Looking at your website I see that you say "AI found 191 historical charts similar to the current ongoing chart.". Does This mean you found 191 tech stocks that performed similar to the Bitcoin price right now? This seems like a really high number to me. Because why should so many different companies all perform similar to Bitcoins. It seems that some stocks only compare in price movement for a short period of time. It seems the average for the time similarities is between 4-7 days. With such a short period of time, how reliable is it going to be to extrapolate it to the future to use as trading indicator? Would be nice to see another study that takes these results and builds a trading strategy around it. I am a bit cautious using my own money now to test such a new strategy and it might be worth it to first observe how the strategy would do in the next several weeks before committing any money.
sr. member
Activity: 924
Merit: 365
September 22, 2023, 03:57:34 PM
#31
We have compared the current Bitcoin 1-day chart with past data(NASDAQ) and found similar patterns. You can use this as a valuable reference for investment.
https://heartbitintro.oopy.io/
Given that both stocks and bitcoin follow a similar pattern of price growth, investors should approach stock investments similarly to how they approach investments in bitcoin, is it what you mean and what this comparison is all about? I don't get it anyway. 

Even in that comparison, there is no relationship between the two because their prices have increased at separate rates.

The price of bitcoin is expected to rise "months after the halving season," which occurs every four years, but the price of stocks can rise or fall at any time without waiting for any particular circumstances to occur.
sr. member
Activity: 854
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September 20, 2023, 01:45:53 AM
#30
You don't need to connect the history of Bitcoin to NASDAQ or anything else because when you pay close attention to the history of Bitcoin it is enough to predict what will happen even though it is not 100% accurate but at least it will not be much different, the four-year cycle runs as predicted and is great this possibility will also happen after the halving next year, and more importantly prepare ourselves by continuing to add Bitcoin to our bags to gain profits in the bullish period.
Bitcoin is Bitcoin, not NASDAQ and correlation between them is weak even they exist in a same world, share common background like global economics and social conditions.

Bitcoin is unique with its halvings and halving cycle that is about four years for each. Many conditions in each cycle but halving effects work like charm so far. I believe it will continue to repeat but I will change my minds when history has a new rhyhm but I don't believe it will be different than past three cycles.

https://www.theblock.co/data/crypto-markets/prices/btc-pearson-correlation-30d

Bitcoin volatility vs other assets
https://charts.woobull.com/bitcoin-volatility-vs-other-assets/
legendary
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Leading Crypto Sports Betting & Casino Platform
September 20, 2023, 12:34:03 AM
#29
We have compared the current Bitcoin 1-day chart with past data(NASDAQ) and found similar patterns. You can use this as a valuable reference for investment.
https://heartbitintro.oopy.io/
You don't need to connect the history of Bitcoin to NASDAQ or anything else because when you pay close attention to the history of Bitcoin it is enough to predict what will happen even though it is not 100% accurate but at least it will not be much different, the four-year cycle runs as predicted and is great this possibility will also happen after the halving next year, and more importantly prepare ourselves by continuing to add Bitcoin to our bags to gain profits in the bullish period.
jr. member
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BTC Lover|Crypto Educator| We Grow by Learning!
September 19, 2023, 11:12:33 PM
#28
You do not have to compare bitcoin with NASDAQ or any other stock, we have a way we are analysing bitcoin. 2024/2025 would be bullish. Without any stock or other assets, you can know they from bitcoin price history. Compare bitcoin present price with the past price is still what is working accurately.

I would love to know more about this
full member
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September 19, 2023, 10:30:33 PM
#27
Bitcoin will still remain the king among other cryptocurrencies to attract more traders to invest and be part of those that will embrace something good at the end of their investment. Despite the long bearish season, I believe the price will still pump higher for new traders to believe that Bitcoin came to stay for traders and other countries of the world to experience what they have never experience from other assets investment. If you have the opportunity to invest, I will advise you to make Bitcoin your investment because it will be difficult for the price to remain low forever in the crypto market, because there will be bullish for traders to trade to make income and there will be bearish for traders to buy and hold.
hero member
Activity: 2814
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Bitcoin is GOD
September 19, 2023, 09:31:13 PM
#26
because most of the Bitcoin holders don't care about stock market charts or anything else. we have our own way of seeing the history of Bitcoin. and we don't need the history of other stocks.
It could be that other stocks follow and take advantage of Bitcoin's movements. So far I haven't seen anyone compared these two different markets to create an investment planning pattern.
we don't need to compared the two, Bitcoin has its own history that we can learn from. and probably so far it still works and is used by most people.
Besides bitcoin does not really move like a stock, it moves like a commodity, and while both markets can be traded with the use of TA and the several indicators we have at our disposal, they are very different in the way they move.

It is also important to remember that there is no point on trying to look into other markets to try to predict what the market of cryptocurrencies may do, if you want to do that you may as well just watch the bitcoin charts and try to figure out this, instead of using such a roundabout method that will most likely not work anyway.
hero member
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September 18, 2023, 05:42:33 PM
#25
DCA on bitcoin is most guaranteed investment but for "NASDAQ or any other stock" , I can't talk about the history.

Well, yeah, I don't think stock is to be compared with Bitcoin because, even with the DCA strategy of investing in Bitcoin, although I don't do stock, I guess investors in stocks don't use the DCA strategy like Bitcoin. Bitcoin investors obviously know that Bitcoin has a price history that usually occurs (the bear and bull markets), and people buy on DCA with the belief that they will hold until the bull market starts, which definitely will. Another thing is that the price of bitcoin doesn't move with respect to other digital assets, but rather some crypto asset prices do go up during the bitcoin bull market.
hero member
Activity: 1246
Merit: 699
September 17, 2023, 09:37:04 PM
#24
We have compared the current Bitcoin 1-day chart with past data(NASDAQ) and found similar patterns. You can use this as a valuable reference for investment.
https://heartbitintro.oopy.io/
because most of the Bitcoin holders don't care about stock market charts or anything else. we have our own way of seeing the history of Bitcoin. and we don't need the history of other stocks.
It could be that other stocks follow and take advantage of Bitcoin's movements. So far I haven't seen anyone compared these two different markets to create an investment planning pattern.
we don't need to compared the two, Bitcoin has its own history that we can learn from. and probably so far it still works and is used by most people.
legendary
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September 17, 2023, 06:37:34 PM
#23
We have compared the current Bitcoin 1-day chart with past data(NASDAQ) and found similar patterns. You can use this as a valuable reference for investment.
https://heartbitintro.oopy.io/

Although past performance can't guarantee future results, talking about Bitcoin, it's somehow a good reference.

The decision to invest in Bitcoin should depend on how far we understand the risks. One thing is for sure, bitcoin has only one path and that's upward although the question is "when it will happen". Anyhow, just accumulate as much as we can, if possible compare to think of anything.

Regardless of the reference, if one is solid about their stand about bitcoin, they will just continue to accumulate no matter what.
sr. member
Activity: 1470
Merit: 428
September 17, 2023, 05:22:25 PM
#22
We have compared the current Bitcoin 1-day chart with past data(NASDAQ) and found similar patterns.
As much as movement in the markets from charting follow a repetitive pattern, it is not still a good choice to compare the historic  movement of bitcoins to the historic movement of stocks. If anything should be referred back to, It should also be the history of bitcoins only not the history of stock.

You can use this as a valuable reference for investment.
Just look at it, for reference purpose. There is no conclusion at the end of looking at your reference, the writers are not doing it to pressure you into making a certain decision, the choice is still left to you, because the consequences from your decision good or bad are left to you too.
sr. member
Activity: 1022
Merit: 363
September 17, 2023, 07:52:32 AM
#21
We have compared the current Bitcoin 1-day chart with past data(NASDAQ) and found similar patterns. You can use this as a valuable reference for investment.
https://heartbitintro.oopy.io/

Many traders new or old always look after the history since majority is impressed with past achievements achieve by bitcoin for more years that's why this always used by scammers since they can always used the bitcoin growth to scam people either for their fake trades or other scamming activities. But for personal trading purposes it maybe not good to compare it at current condition since adoption is different and might we rarely see some extreme movements knowing that people need to spend a lot of money just to create big movements for bitcoins price.
hero member
Activity: 616
Merit: 749
September 17, 2023, 04:49:49 AM
#20
I also agree that with the Bitcoin 4-year cycle, the year 2024/2025 should be a bull market since the Bitcoin halving event in 2024 is a known catalyst for the upcoming bull run.

Every bitcoin investor is looking forward to the halving event because they know that this will be the catalyst that'll lead the market to the next bull run and now many investors are accumulating Bitcoin in their private wallet. Some are still making the mistake of leaving bitcoin on the exchange which is a wrong move and any individual still doing that need to stop. They should buy a hardware wallet and move their Bitcoin from the exchange to the wallet.

Bitcoin has a four year cycle that it follows and it doesn't follow any stock, they might have similar charts but they're not exactly the same. Stock can rise and fall at any time but Bitcoin has a cycle that it follows and that's the same cycle that we're expecting in 2024/2025
sr. member
Activity: 1316
Merit: 356
September 17, 2023, 02:09:48 AM
#19
You do not have to compare bitcoin with NASDAQ or any other stock, we have a way we are analysing bitcoin. 2024/2025 would be bullish. Without any stock or other assets, you can know they from bitcoin price history. Compare bitcoin present price with the past price is still what is working accurately.

Yeah, Bitcoin has this four-year cycle pattern.  It is independent from any other stocks although with high volatility, the Bitcoin market movement has its own unique pattern that may possibly resemble other assets but they surely are different.

I also agree that with the Bitcoin 4-year cycle, the year 2024/2025 should be a bull market since the Bitcoin halving event in 2024 is a known catalyst for the upcoming bull run.
The way we analyze cryptocurrency cannot be applied to Forex or Stock. It's just due to the fact that their mechanisms are different. Aside from volatility, there is what we call Bitcoin halving, which is a very important aspect of Bitcoin where most Bitcoin users are waiting for it to accumulate more Bitcoin because they believe it will explode the same way it did in the past, which is not in Forex and Stock.
legendary
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September 16, 2023, 06:53:41 PM
#18
You do not have to compare bitcoin with NASDAQ or any other stock, we have a way we are analysing bitcoin. 2024/2025 would be bullish. Without any stock or other assets, you can know they from bitcoin price history. Compare bitcoin present price with the past price is still what is working accurately.

Yeah, Bitcoin has this four-year cycle pattern.  It is independent from any other stocks although with high volatility, the Bitcoin market movement has its own unique pattern that may possibly resemble other assets but they surely are different.

I also agree that with the Bitcoin 4-year cycle, the year 2024/2025 should be a bull market since the Bitcoin halving event in 2024 is a known catalyst for the upcoming bull run.
hero member
Activity: 952
Merit: 552
September 16, 2023, 05:50:12 PM
#17
We have compared the current Bitcoin 1-day chart with past data(NASDAQ) and found similar patterns. You can use this as a valuable reference for investment.
https://heartbitintro.oopy.io/

Your website is too complicated and not self explanatory as a landing page for a first timer. In addition, your data shows comparison of just 2022 which was obviously normal during the time of Covid19. BTC was running on low oxygen and didn't know how to survive alone, it has to follow SP500 and through that, bitcoin turned to an asset that many people has to wait for New York stock exchange to open and when to close and that's why you see that relations in the chat but with time, it went his was way when bitcoin began to do his things as it used to do.

By the way, why do you sound angry, hope you are okay?
hero member
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September 16, 2023, 05:01:37 PM
#16
We have compared the current Bitcoin 1-day chart with past data(NASDAQ) and found similar patterns. You can use this as a valuable reference for investment.
https://heartbitintro.oopy.io/

I found this to be useful mainly as a general knowledge and the best way to engage in Bitcoin market is to actually do the darn analysis yourself rather than trust any tool or AI. I also wanted to quote the book –  psychology of money that history doesn't repeat itself but man does. The patterns we see and trade are there because man often default to them. It has nothing to do with history.



sr. member
Activity: 2366
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September 16, 2023, 04:44:57 PM
#15
Any stock that will bull by next year when bitcoin halving will take place and can sustain the bull to when another ATH for bitcoin will be reach, then that stock is a child of circumstance in the sense that bitcoin is well followed and enthusiast know how bitcoin move so without or without comparison, we expect a rise in the price of bitcoin next year and that is according to bitcoin history. DCA on bitcoin is most guaranteed investment but for "NASDAQ or any other stock" , I can't talk about the history.
What asset can be anticipated to by next year aside from Bitcoin and a few other cryptocurrencies who hard their market pierd to Bitcoin and ride on the bitcoin market waves,  aside from that,  no stock will flow in that same pattern pf market direction in the next year 2024-2025 Bitcoin bull market speculated,  since only Bitcoin will undertake the block seize reduction.


If fact the comparison is not visible because bitcoin has a history of really increasing very high every 4years and stock doesn't have such pedigree and that is already a difference which makes it not comparable. The stock investors might be cashing out to do a quick DCA on bitcoin to have some fast profit with bitcoin bull, so no basis for comparison as they are different commodities and doesn't have same parameter for comparison, unlike silver to gold which have the same characteristics.
full member
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September 16, 2023, 04:27:37 PM
#14
We have compared the current Bitcoin 1-day chart with past data(NASDAQ) and found similar patterns. You can use this as a valuable reference for investment.
https://heartbitintro.oopy.io/
There might be a patter but there’s also a possibility that it has no relationship at all.
Don’t over think, NASDAQ is NASDAQ and Bitcoin is a different market, the price history is important for you to know your next step but its too complicated if you will also analyze another stock market just to support your prediction. You can just see the history of price and know the events happened during the bear market, with this you can easily come up into your analysis at a lesser work.
hero member
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September 16, 2023, 03:55:51 PM
#13
We have compared the current Bitcoin 1-day chart with past data(NASDAQ) and found similar patterns. You can use this as a valuable reference for investment.
https://heartbitintro.oopy.io/
No doubt both Charts have a lot of similarities. However, there is nothing new here because scenarios like this happen in the market but seldom. I used to spot charts with such similarities when trading, infant the previous month there was a scenario where I was looking for an entry opportunity to take my position in the market and I spotted a chart that looked the same, I did a crazy thing and took a risk of the trade, and mirrored the chart until the end, and I must admit that the risk worth it.

This entails or shows that in Technical analysis history, does not only repeat itself but rhymes.


 
sr. member
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September 16, 2023, 03:26:32 PM
#12
We have compared the current Bitcoin 1-day chart with past data(NASDAQ) and found similar patterns. You can use this as a valuable reference for investment.
https://heartbitintro.oopy.io/
Comparing bitcoin to some other stocks is doable, but I don't think it can be considered a good reason why someone should invest. I tend to expect someone to study bitcoin, how it works, as well as its the innovation before investing instead of comparing it to stocks, that seems reasonable. Stocks and bitcoin are of course different, so I think the behavior of investors and traders towards both assets will also be different.

Exactly, my point, just as if you said what's in my mind, is that comparing bitcoin to another stock is not something we should do because how bitcoin's market moves is not the same as other stocks, and for someone to come and say this is how it will go today, tomorrow, next month, or next year, I think that person is just predicting, which may not be like that; we just get to know this based on the movement of how it’s been going since the existence of the currency, and that’s why we said 2024/2025 will be the next bitcoin halving.

However, bitcoin should not just be something someone will come and invest in at once; we need to study it well as well as how the market works, when to sell, and when to buy, because these are what affect some investors and make them panic when they see the market start declining. But knowing this and how it works, I believe they will know that is not a problem and that they will definitely get their money back with profit by leaving their coins there for a long time.
hero member
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September 16, 2023, 03:10:20 PM
#11
Most of the bitcoin investors do not compare with NASDAQ charts or other stocks this is clearly different and my view is not so relevant so it is never as a reference to see the chart and analysis found almost the same but for me it is different.

True,,, we always look at the comparison of the bitcoin price history from year to year there are other stocks I never involve it because it is quite clearly different maybe from some of them there are those who compare it but we are a random graph what I understand.

In bitcoin there is bearish and bullish is it the same? Never involved in his greetings let alone NASDAQ.
sr. member
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September 16, 2023, 02:56:20 PM
#10
We have compared the current Bitcoin 1-day chart with past data(NASDAQ) and found similar patterns. You can use this as a valuable reference for investment.
https://heartbitintro.oopy.io/
As much as I want to see this kind of pattern, I’m just wondering why we need to compare in with NASDAQ? Is this the basis of crypto trend? As far as I know with the history of the price stocks doesn’t affect the price of Bitcoin that much and it has its own trend and cycle. Better not to complicate things and just try to compare the price history of Bitcoin alone to its current value, this is more better for me.
sr. member
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September 16, 2023, 01:57:51 PM
#9
Any stock that will bull by next year when bitcoin halving will take place and can sustain the bull to when another ATH for bitcoin will be reach, then that stock is a child of circumstance in the sense that bitcoin is well followed and enthusiast know how bitcoin move so without or without comparison, we expect a rise in the price of bitcoin next year and that is according to bitcoin history. DCA on bitcoin is most guaranteed investment but for "NASDAQ or any other stock" , I can't talk about the history.
I don't know about comparing bitcoin to stocks or NASDAQ price. It doesn't affect bitcoin's price in a way historically. By the way, I would pick gold over stocks. Okay, back to the topic, 2024 is going to be a great year for bitcoin in terms of price increase, institutional adoption, and ETFs. I cannot say the same for stocks prices. I may predict that we may likely see a drop in stocks because more investors would be drawn into investing in bitcoin through the ETFs and less of their focus would be on stocks.
Cant really totally tell for being the reason on why stocks are dropping just because of market switch up? Possible but not something that precise that we could really tell but pretty sure that there would be investors or to
those people who had able to see on how this crypto market is really that profitable for them instead but somewhat it is really that more risky compared into those traditional markets that we do know. Its true that there's no really sense on trying out to compare charts with Bitcoin and some stocks because it wasnt really that correlated in the first place and this is why its really that safe to say that there's no correlation to that and as an investor then it would be better on making out some analysis which it doesnt really connect out Bitcoin into those fields. Just simply look at on the history of Bitcoin when it comes into its price progress and recognition
then you would be able to simply tell that adoption and demand is really that increasing year by years passing. The current price movements are those actual market behavior which we do able to encounter even if you do find yourself dealing with those traditional markets then these kind of moments or conditions are normal.
hero member
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September 16, 2023, 01:52:58 PM
#8
Any stock that will bull by next year when bitcoin halving will take place and can sustain the bull to when another ATH for bitcoin will be reach, then that stock is a child of circumstance in the sense that bitcoin is well followed and enthusiast know how bitcoin move so without or without comparison, we expect a rise in the price of bitcoin next year and that is according to bitcoin history. DCA on bitcoin is most guaranteed investment but for "NASDAQ or any other stock" , I can't talk about the history.
What asset can be anticipated to by next year aside from Bitcoin and a few other cryptocurrencies who hard their market pierd to Bitcoin and ride on the bitcoin market waves,  aside from that,  no stock will flow in that same pattern pf market direction in the next year 2024-2025 Bitcoin bull market speculated,  since only Bitcoin will undertake the block seize reduction.

hero member
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Dimon69
September 16, 2023, 11:31:34 AM
#7
We have compared the current Bitcoin 1-day chart with past data(NASDAQ) and found similar patterns. You can use this as a valuable reference for investment.
https://heartbitintro.oopy.io/

This is irrelevant way of using the pattern since it has different conditions when that chart form. The news on Bitcoin including its development is not the same during that time to the random stocks you are comparing from NASDAQ.

Maybe some pattern will be correct if it’s forming known trading patter since it’s TA but a random pattern similarity on Bitcoin price chart is sure will not gonna be the same on different stocks.
sr. member
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September 16, 2023, 11:25:38 AM
#6
Any stock that will bull by next year when bitcoin halving will take place and can sustain the bull to when another ATH for bitcoin will be reach, then that stock is a child of circumstance in the sense that bitcoin is well followed and enthusiast know how bitcoin move so without or without comparison, we expect a rise in the price of bitcoin next year and that is according to bitcoin history. DCA on bitcoin is most guaranteed investment but for "NASDAQ or any other stock" , I can't talk about the history.
I don't know about comparing bitcoin to stocks or NASDAQ price. It doesn't affect bitcoin's price in a way historically. By the way, I would pick gold over stocks. Okay, back to the topic, 2024 is going to be a great year for bitcoin in terms of price increase, institutional adoption, and ETFs. I cannot say the same for stocks prices. I may predict that we may likely see a drop in stocks because more investors would be drawn into investing in bitcoin through the ETFs and less of their focus would be on stocks.
sr. member
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September 16, 2023, 08:35:01 AM
#5
Any stock that will bull by next year when bitcoin halving will take place and can sustain the bull to when another ATH for bitcoin will be reach, then that stock is a child of circumstance in the sense that bitcoin is well followed and enthusiast know how bitcoin move so without or without comparison, we expect a rise in the price of bitcoin next year and that is according to bitcoin history. DCA on bitcoin is most guaranteed investment but for "NASDAQ or any other stock" , I can't talk about the history.
hero member
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Leading Crypto Sports Betting & Casino Platform
September 16, 2023, 08:15:27 AM
#4
We have compared the current Bitcoin 1-day chart with past data(NASDAQ) and found similar patterns. You can use this as a valuable reference for investment.
https://heartbitintro.oopy.io/
Comparing bitcoin to some other stocks is doable, but I don't think it can be considered a good reason why someone should invest. I tend to expect someone to study bitcoin, how it works, as well as its the innovation before investing instead of comparing it to stocks, that seems reasonable. Stocks and bitcoin are of course different, so I think the behavior of investors and traders towards both assets will also be different.

Even though you see similarities in the short-term price movements of these two investment assets, Bitcoin should be different. There is no definite way to determine how it will move, but investment decisions on bitcoin should not depend on price movements of other assets including physical assets or stocks.
sr. member
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September 16, 2023, 07:58:24 AM
#3
We have compared the current Bitcoin 1-day chart with past data(NASDAQ) and found similar patterns. You can use this as a valuable reference for investment.
https://heartbitintro.oopy.io/

As you know Bitcoin price shows that it follows a cyclic pattern so comparing it with the NASDAQ or some other stock is not good because of its own price history you can easily compare its current pattern to the previous one. Investors look to the previous history of bitcoin movements and then they predict the future price of it. Comparing it to the stock or other assets it's not familiar Besides this you can compare its current patterns to the previous one as bitcoin has a log price history. But one thing to be noted is that if someone predicts the future price of Bitcoin it does not mean that it will occur or follow the previous pattern 100%, bitcoin is volatile and its price can change from time to time so be careful when you are going to buy or do investment in it.
legendary
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September 16, 2023, 07:14:07 AM
#2
You do not have to compare bitcoin with NASDAQ or any other stock, we have a way we are analysing bitcoin. 2024/2025 would be bullish. Without any stock or other assets, you can know they from bitcoin price history. Compare bitcoin present price with the past price is still what is working accurately.
newbie
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September 16, 2023, 07:07:42 AM
#1
We have compared the current Bitcoin 1-day chart with past data(NASDAQ) and found similar patterns. You can use this as a valuable reference for investment.
https://heartbitintro.oopy.io/
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