Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Historical highs and lows compared using rpietila's trendline:
Date Price / Trend = x% (Factor)
Lows 2011-11-17 1.99 / 2.05 = 97.11% (1 / 1.03)
2012-08-19 7.58 / 13.90 = 54.52% (1 / 1.83)
2013-04-16 50.01 / 74.30 = 67.31% (1 / 1.49)
2013-07-05 65.42 / 129.59 = 50.48% (1 / 1.98)
Highs 2011-06-08 31.91 / 0.67 = 4780.29% (1 * 47.80)
2012-01-05 7.22 / 2.87 = 251.38% (1 * 2.51)
2012-08-17 15.04 / 13.71 = 109.67% (1 * 1.10)
2013-04-10 266.00 / 71.22 = 373.48% (1 * 3.73)
2013-11-19 900.98 / 333.86 = 269.87% (1 * 2.70)
Date Price / Trend = x% (Factor)
Lows 2011-11-17 1.99 / 2.05 = 97.11% (1 / 1.03)
2012-08-19 7.58 / 13.90 = 54.52% (1 / 1.83)
2013-04-16 50.01 / 74.30 = 67.31% (1 / 1.49)
2013-07-05 65.42 / 129.59 = 50.48% (1 / 1.98)
Highs 2011-06-08 31.91 / 0.67 = 4780.29% (1 * 47.80)
2012-01-05 7.22 / 2.87 = 251.38% (1 * 2.51)
2012-08-17 15.04 / 13.71 = 109.67% (1 * 1.10)
2013-04-10 266.00 / 71.22 = 373.48% (1 * 3.73)
2013-11-19 900.98 / 333.86 = 269.87% (1 * 2.70)
This looks interesting - but what does it mean?
The average bubble is
> x <- c(47.8, 2.51, 1.1, 3.73, 2.7)
> summary(x)
Min. 1st Qu. Median Mean 3rd Qu. Max.
1.10 2.51 2.70 11.57 3.73 47.80
Edit: fixed typo.