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This is to refute oda.krell who does not base his predictions of "trends" on anything, I at least try. Nobody has shown any proof on any trend other than this, except lines drawn on a whim. I don't understand much, but there is a great difference between founded and unfounded prediction.
It is very easy to buy at your desired level btw. It is called "limit order".
Heeey, look what happens when you leave the forum for an hour or two... the clown brigade comes to town.
a) If you're interested in my methods, go read masterluc's thread. I post some more detail there. Sometimes sloppy, but at least you'd learn what I work with -- short term averages mainly, some volume and order book analysis, bit of EW theory though I remain skeptical about that one.
b) Your single biggest problem: false pride. Example: earlier this year, some simplistic back-of-the-napkin calculation convinced you we would see 300k USD coins within a year. You kept harping on about that magical number until the forum ridicule for this prediction even got through to you.
Now recently it looks like you learned the basic of linear regression. Good for you, everyone should learn a bit of math. But what do you do with that new tool? You set a new (more bearish) goal
and you keep harping on that one without end.
Would you possess a minimum of capacity to self reflect, you would notice that a linear regression analysis of the entire price history is a useful tool maybe, but not somehow
the magical wand or crystal ball to answer all your BTC trading questions.
Short version: I don't mind your analysis. I
do mind the unjustified arrogance with which you present it usually.
