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File: 1.68 MB, 3448x2144, Screenshot 2023-10-17 at 13.38.23.png [View same] [iqdb] [saucenao] [google]
56384349 No.56384349 [Reply] [Original]

According to my calculations the only chance we have is a retest of this trend line, otherwise 2022 was the last bull run for the next 5-10 years.

>> No.56384353

>modeling a logarithmic trend with y=mx+b

>> No.56384384

>>56384353
Please show me if you have a better calculation

>> No.56384387

>>56384353
We're totally going to $1B BTC in a few years if this trendline holds bro

>> No.56384397

>>56384384
putting linear lines on a log chart.......(he means)
anon, its 30iq lvl

>> No.56384405

>>56384384
>drawing a fucking line
in which shithole is that called a calculation?

>> No.56384426

>>56384397
I don't get it, I'm not using logs I'm using candles

>> No.56384450

>>56384349
I believe when the war in ukraine ends, that is when we will see the stirrings of the next bullrun.
Putin is sucking our balls dry right now, causing supply chain costs to sky rocket, food and cost of living is going up because the fuel price to transport everything is going up.

When the war ends, and fuel supply costs return to normal, we could see a boom as things get going again.
So if you want another bullrun, invest in ending the war - which means, make the war in ukrain unprofitable - which means invest in ways that we will not be dependant on gas and fuel from russia.

Look at companies who have profited from the war, calor gas companies and short them.

>> No.56384456

>>56384405
Simple is best, always has been my friend.

>> No.56384458

>>56384426
on the right of the chart on tradingview you see two letters: A L. you can switch L (logarithmic) on and off. nothing to do with candles my retard

>> No.56384491
File: 1.76 MB, 3448x2144, Screenshot 2023-10-17 at 13.59.24.png [View same] [iqdb] [saucenao] [google]
56384491

>>56384458
What happened, now my trend line is not correct.
Why do the books always say to make trend lines on logarithmic charts?

>> No.56384515

>>56384491
>anon discovers a non-log chart
there is no correct way to make trend lines, based retard. trend lines are a meme.

>> No.56384525
File: 49 KB, 996x610, btcfuture.jpg [View same] [iqdb] [saucenao] [google]
56384525

>> No.56384557

>>56384525
But friend, how can you predict the prevailing trend from such a method? I have never seen such trend lines in my TA books, does this technique have a name?

>> No.56384568

>>56384557
>trend lines in my TA books
holy shit, those dumb TA books are a scam and offer no predictive value. literally astrology for men

>> No.56384576

>>56384349
>Logarithmic
I see your in 5th grade

>> No.56384612

>>56384576
But logarithmic charts are better for long term trends no?

>>56384568
You slander my trend lines, but just add more trend lines to your chart, please let me know the reasoning behind your lines.

>> No.56384618
File: 70 KB, 975x688, spy 10_6.png [View same] [iqdb] [saucenao] [google]
56384618

>>56384557
He can't do it, is mad, and wants you to feel similarly to him. Outside of smg this board is retarded. Its retarded there too but its like leonardo dicaprio retarded in there. Outside smg is like texas chainsaw massacre caliber retardation filled with wrathful hate. It'll be fine but this place is full of faggots.

>> No.56384693

>>56384612
nobody with a >100 IQ trades on trend lines. if they do it's on horizontal ones to mark support/resistance.
>but just add more trend lines to your chart
i did it as a meme to show we may go to 200-600k next run.
>>56384618
your chart is laughable retard.

>> No.56384723
File: 576 KB, 899x1124, psiblu.jpg [View same] [iqdb] [saucenao] [google]
56384723

>>56384450
for my advice and insight

>> No.56385598

>>56384353
kek baggie

>> No.56386136
File: 75 KB, 1098x548, btc2.jpg [View same] [iqdb] [saucenao] [google]
56386136

Pro tip mofos, learn2code and set the Y axis scale to the cube root instead of the log. It becomes linear then. Everyone is using the log because it is in standard charts but it's not quite right and you get that curve.

Here you go, BTC, min/max price ranges to 2030 with a few halvings more or less drawn in

>> No.56386162

BTW, this is why I laugh when people say its going to 12k

>> No.56387695

>>56386136
in your chart, btc would go to around 150k in 2025-26, seems to check out but it's not much.

>> No.56387712

>>56384349
Idk man, whatever it takes to get my pond back to .1 for christ sake

>> No.56387744

>>56387712
You have to sacrifice 300 newborns to Moloch

>> No.56387763

>>56384618
Uh, wtf is this piece of shit

>> No.56387791

>>56387712
it won't go that high ever again faggot, cope

>> No.56387793

>>56387712
Nobody told you? It's over for crypto anon

>> No.56388392

>>56387793
It doesn't seem like it though; when institutional liquidity gets injected into the market, we'll be reaching ATHs again. The platforms that'll be onboarding these institutional players will be the next goldmine especially those on Defi.

>> No.56388717

>>56387791
I'll be happy to say I told you so when you miss out.

>>56388392
I don't see any Defi platforms doing any onboarding work now; so what are you talking about?

>> No.56389072

>>56388717
The main work is being done BTS. Defi platforms like SpoolFi and Maker are upgrading their features to become institutional grade products; so it's only a matter of time now until we start seeing the huge movements to this side.

>> No.56389147
File: 78 KB, 472x471, end.png [View same] [iqdb] [saucenao] [google]
56389147

>>56384525
If that image is to be done properly, the 3rd line would have a lower pitch (under 2020 bottom) and the 4th line would start mid 2020ish and go under 2023. This would show a clear flattening of the curve (really) and is more in line with slowing of upward push to the point where bitcoin is in all likelihood made its final peak with the last double top....at least for a good while, maybe decades.

>> No.56389355
File: 16 KB, 303x273, 1691034242724259.png [View same] [iqdb] [saucenao] [google]
56389355

>>56386136

>> No.56389379
File: 287 KB, 828x971, 1696872553748451.jpg [View same] [iqdb] [saucenao] [google]
56389379

>>56384384
>BTC will break the asymptote by the year 200000000035 I just know it!

>> No.56389639

>>56384525
It's unironically going to 3 million in 2025. At least 150k next year.

>> No.56389678

>>56384693
>Horizontal lines
Hello twitter retard. All you retards do that and it is even more retarded than OPs method. Its so fun warching the little ants argue over who can better guess when the sun will rise.

>> No.56389714

>>56387695
Yep, with 2026-2027 in the $200-270k range
Its possible that the peaks go up higher, theres less data points for that. The main thing though is that the red minimum line shows that now is actually a great buying time, it's near the bottom. Sure it might go down to an absolute minimum of 23k or whatever but it doesn't matter that much in the scheme of things.


Think people that bought at $17k earlier this year are kicking themselves they bought just after it was $15k?

>> No.56391222

>>56389072
>to become institutional grade products
Give classical examples or else you're talking gibberish.

>>56389639
Y'all calm your tats with such predictions now. Lol

>> No.56391302

>>56391222
SpoolFi's v2 will have
>Improved and innovative smart vault guards like time locks, wallet whitelist,NFT gating etc
>Support for LSDfi and RWAs
>Already audited by Trail of Bits, one of the best(if not the current best) audit firms in the space atm.