This a linear model of the logarithmic predicted price for Bitcoin that it has followed since inception. I have used the curved line drawing tool to draw a slightly convex curve on the log chart matching data points for 1/1/2017, 1/1/2018 and 1/1/2019 from the chart I have posted below published in 2014 which accurately predicted the current price range. I have then switched the view to linear and the curve becomes concave allowing us to get a helpful visual picture of where Bitcoin is going and a helpful perspective on current prices as they relate to the long term price trend.
Log chart before conversion:
This is not financial advice. User "eloquentplatypus" accepts no liability for any financial losses due to the information provided.
Log chart before conversion:
This is not financial advice. User "eloquentplatypus" accepts no liability for any financial losses due to the information provided.
Bình luận:
Bình luận:
This is the link for the logarithmic chart for Bitcoin published in 2014:
i.redd.it/3e3vmgjaigzz.jpg
i.redd.it/3e3vmgjaigzz.jpg