How come no one talks about this? Using the data for BTC over the course of 10 years...

How come no one talks about this? Using the data for BTC over the course of 10 years, you can see that there has been a trendline which only broke once during two black swan events. This is the literal bottom for bitcoin and the point of least risk on a logarithmic scale. Even if there are bots trading based off algorithms, they use data that has always existed so wouldnt that mean this trendline is what they decide to buy closest to? I bought 3 days ago at the bottom. The chart hasnt failed me yet.

Attached: BTCUSD_2022-02-28_18-58-53.png (2474x1221, 403.98K)

Other urls found in this thread:

tradingview.com/chart/BLX/oKh54NhX-Bitcoin-Halving-and-Charting/
twitter.com/SFWRedditVideos

Too bad you missed buying in 2016 when the 10 year long support of biblical proportions wasn't touched. But at least you got lucky when Covid touched it in a bibilical irrational dump.

Here is one for eth as well.

Attached: ETHUSD_2022-02-28_19-06-19.png (2474x1221, 413.34K)

Yeah I get that, but isn't it strange how it all fits better on a logarithmic scale and you can clearly see when it's most likely to dump. IDK i'm just putting this out there in case I was right.

>ETH TO 180K
LMAOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

pretty sure its saying 15-20k is more likely, which is totally reasonable

Because Bobo are greedy fucks who wants to buy btc under 30k. They don’t even care if that shit ruins btc growth.

that's not what I implied at all. Here is a closeup of that section of eth. During bullruns, you see these moments of parabolic growth. I would sell if it went over the purple risk line I drew cause from previous data you can assume that there will most likely be a huge dump there.

Attached: ETHUSD_2022-02-28_19-18-11.png (2474x1221, 394.01K)

heh... yes, i did draw these lines on the chart myself...

that there is called a support... you don't want to see what happens when i breach it... heh...

UMM EXCUSE ME WHAT DO YOU MEAN I COULD HAVE DRAWN AN UNBROKEN "SUPPORT" LINE NO MATTER HOW THE COIN PERFORMED? WHY DID YOU DO THAT WITH YOUR FINGERS WHEN YOU SAID SUPPORT

Because it's a trendline with only two touches, which is fucking worthless. Learn to TA

alright, you must be right since you provided such a sound argument. go ahead and save the thread so you can laugh at me in a year. I'll be waiting.

There isn't only two touch points, it's literally over the course of 10 years.

i'm just upset because i lost money and i'm trying to make myself feel better by ridiculing you as an anime incel

>touch points
lrn2 hard close

Those lines are retarded. Make a log curve and then come back

Log curve is something that everyone has seen on this board that gets made fun of because everyone redraws the line. Just because something is new to you and you cant wrap your head around a different concept doesn't mean it's dismissible.

>Using the data for BTC over the course of 10 years, you can see that there has been a trendline which only broke once during two black swan events
The trendline only exists because it's already been 10 years. In 20 years you'll be looking at an entirely different line

You're a moron. Bitcoin price isn't an exponential function of time.

Holy FUCK you're an idiot.

Yeah in 10 years The overall trend will definitely change, as does anything with added data, but for the short term, it's hard to believe it'll make some pivotal shift back down to zero.

not once did I say it was an exponential function of time.
If you're so smart, what do you use to make your informed decisions on whether to buy or sell? Or do you have no skin in the game and are just trolling.

We know

tradingview.com/chart/BLX/oKh54NhX-Bitcoin-Halving-and-Charting/

interesting, thank you for that, it's basically the same thing.

>not once did I say it was an exponential function of time
Then why did you model it as a straight line on a log-linear chart?

>what do you use to make your informed decisions on whether to buy or sell?
Actual statistics and mathematics. Not whatever the fuck you're doing.

You obviously don't understand what I delineated on the chart.
Post an example of what you use otherwise how are you even going to continue arguing.