This is my version of the numerous Bitcoin projections that I have seen on a variety of YouTube channels. It uses the BLX BraveNewCoin Liquid Index that goes back to , and the Bitcoin Log Growth Curves Indicator found in Trading View. I am curious to see if the repeating cycles will hold true for the coming year. Oct 15, · THEORY - I never understood why most students needed to learn what a Log was until I've studied a BTC chart. - A Log curve in simple term goes 0 to - It never touches 1. It is infinite. Meaning it goes forever always getting closer to 1. - My assumption is that BTC will become stable one day. It may take many more halving's for that to happen. Watch live Bitcoin to Dollar chart, follow BTCUSD prices in real-time and get bitcoin price history. Check the Bitcoin technical analysis and forecasts.
Bitcoin logarithmic chart tradingviewBTC Logarithmic Curve for BNC:BLX by AthenticWhale1 — TradingView
With the current weighting of my regression, it shows that BTC is undervalued right now, with the fair value shown using a blue line. Using a non-linear logarithmic regression, we can project the price of Bitcoin towards the future. Seems consistent with the Stock to Flow price and reveals much more upside as time goes forward.
It is infinite. Meaning it goes forever always getting closer to 1. It may take many more halving's for that to happen. The day moving average is so captivating! Math just doesn't get better than this! Such a delightful graph! Using Stock to Flow, logarithmic regression and day moving average. Here is a very simple chart of BTC on the weekly time frame in log format. I think the second all time high will be in November through February Using 2 versions of the Logarithmic regression of Bitcoin to forecast future btc prices.
Curious which regression will be more accurate. I used two of my favorite indicators Logarithmic Regression or non-linear regression and Stock to Flow to measure the value and range of Bitcoin. Hopefully it will be useful as we look towards the future. This can't be done in this space. Too involved. Check out the symmetrical triangle that has been formed on the weekly timeframe.
I'm a crypto newbie, so the pricing relationship comparisons across time are very curious to me. Similarity of currency patterns over time on a linear scale, and crypto patterns on a logarithmic scale sort of make sense to me.
But the similarity is more than I would have expected. How long can crypto maintain the logarithmic growth? Will the linear, Predictions and analysis. Videos only. Bitcoin longterm chart. You can kinda call it a weapon of war. If its master can keeps it well fed, there's no limit. Btc is not new. Its been around forever. Do some Mayan math. Think outside the norm. I found that. Great minds think alike.
AthenticWhale1 , I made also a S2F model based on the trend of the 2 previous halvings, where the 2nd halving is going less higher than the 1st one :. While I agree that Bitcoin has the potential for further logarithmic growth, you're understanding of log charts is incorrect. You are in fact throwing darts with a blindfold on in a way. The difference between a log chart and a linear chart is simply the scale of the Y-axis.
A linear chart's scale is distinct and each point represents an equal amount, while a logarithmic chart spreads the value out as if it were approaching infinity. That in no way implies that the asset being measured is forever is getting closer to it's infinite bound. A log chart simply scales from zero to the upper limit value "approaching" infinity ; but infinity is arbitrary and depends on the chart.
There is absolutely no correlation between an asset's price and whether you're using a log or linear chart, it is a scale; nothing more than a tool to display a value with a large relative change between it's high and low in a more user-friendly way. Due to the scaling, a log chart will always make an asset look as if it is becoming more stable, because as you go higher up the Y-axis of the chart, the intervals get smaller and smaller.
If you're assuming that BTC will stabilize based on a log chart, you're being fooled by the scale which, by itself, is NOT an accurate portrait of volatility. Also, the halving does not reduce ROI.