Working on the idea of bitcoins parabolic growth curve, i got the idea from parabolic trav who has some great videos on the subject if you checkout his twitter; twitter.com/parabolictrav
and also outlining the new channel btc has been following for the past 12 months (i do not think we are following the historic trend with the 1million or so new users that are pouring into the space PER WEEK over the past 3 months) check out ARAICHERS work for the trend lines we are currently looking at (currently following the silver trend......
also showing the 235 day cycle which has been reliable indicator of tops (apart from the china FUD over the past 2 cycles but you can still see how it follows this more or less ot hte local tops: see here
could be 100% wrong but will be interesting to look back and see how the parabolic curve turns out.
Giao dịch đang hoạt động
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Week is still early and despite breaking the channel we are still in the trend, but as per the last 2 big dumps/corrections of 40%plus if it gets back in the channel within a couple of candles (2 more weeks) all is still following the idea closely..
Good post, but I think the chart is too parabolic. Might need to straighten it out. I am confident we will have a track but it will be on the lower end of the tunnel.
devilninja777
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@CryptoFortune, So Ripple is fairly priced but BTC too parabolic? lol
ju5tin
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@CryptoFortune, very possible its too vertical but week is still young if we follow the last 2 big 40% dumps we can reverse within a week... Its just an idea slightly flatter or slightly steeper is no issue its the multiplying ideas all pointing to the moon i wanted to convey to the average user
Jefe
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Excellent post.
Ronnie_Dong
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I like your chart,and I have followed you. I hope you can Follow Me at the same time.
rivet.popper
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Fantastic work man.
CallMeEasy
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nice! can you do one for eth?
ju5tin
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@CallMeEasy, i dont support centralized shit coins that have zero use cases, the network has crashed 3 times, not even the founders can create a secure multi-sig contract on the platform and that has ZERO future because they have less processing power than my very first 386 computer.... I urge you to learn how useless ETH is and dump that shit while you still can
CallMeEasy
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@ju5tin, hm, strong opinion there, I do urge you to take a closer look at btc shortcomings then as well :)