Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
ragnar0k
on 22/10/2017, 10:47:34 UTC
[edit] not to mention that we're hitting a ceiling:


https://www.tradingview.com/chart/BTCUSDT/vH8p4FLI-Bitcoin-Market-Overview/

It seems like we are touching the top, which is worrying me a bit... The chart you posted is not using a log scale (It took me a while to figure out why the dip initially), which means that we are having a peak earlier than the previous peak, if you see what I mean. The past two peaks did follow a log trendline, not to mention that the past crash was probably due to china.
Maybe we are getting more crashes but less severe... At least I hope. On a log scale, I expected the top to be ~7k