Catching the bottom of the rest of S curve on daily F. A bit concerned about the volume spike (should be low) and earning coming up. The rest is cool.
This is an update on a previous chart, showing the logarithmic regression of $BTC. So far, it seems to actually be holding up pretty strongly with a strong holding of support around $17.5K as expected, were this theory to play out correctly. For anyone who's unfamiliar with my theory, it's that the slow regression of $BTC returns will actually invert, creating a...
BLX 3M. ^10 charts only over here. A bottom here near $6.8K fits beautifully. Bullish fibonacci levels. We could very well be living through the most important time in bitcoin history. 1:1 is pretty high up there. Whoa. Could be. .. Just an idea.r
#Bitcoin has been following the same regression curve since its conception. If it's to be believed that this curve will truly last forever, then #Bitcoin will also just be hurling towards its inevitable death spiral down to zero. While there are probably a select amount of people that still think this is possible, I personally don't subscribe to that theory. This...
I do believe that this is THE cycle. I believe the 2017 run was a runt for a couple reasons, including the S curve adoption theory, ICO craze, & hard fork drama. After this cycle I believe the percentage gains will decrease as adoption reaches mainstream levels and volatility settles down. It will still be a goldrush as the whole world races to stack sats all...
S Curve bitcoin adoption. Demand doesn't have to grow anymore for price to continue exponential growth. Supply is diminishing at current demand. It's not unlikely that 2017 was a stunted cycle in the early phase of an S curve adoption cycle of this nascent technology. In this chart I am predicting a roughly $100 Trillion market cap by 2030. I believe with...