Quote from: HairyMaclairy on May 31, 2019, 09:34:28 PM

Quote from: mindrust on May 30, 2019, 08:42:36 PM

Since 2017, I've been following these famous filbfilb charts;
https://www.tradingview.com/chart/BLX/W5wwj74c-Bitcoin-Long-Term-Trend-Analysis-A-near-term-clue-BLX-Update/
https://www.tradingview.com/chart/BLX/LGfs4PUa-Bitcoin-A-Long-Tern-Market-Analysis/

I don't remember where I got that one from, but this might be the better version of filbfilb's TA:

https://www.tradingview.com/script/xdPkShYr-Bitcoin-non-linear-regression-curve-REAL/

Quote from: https://www.tradingview.com/script/xdPkShYr-Bitcoin-non-linear-regression-curve-REAL/

This was NOT drawn by hand. This was calculated based on btc prices from 2010 to 2018. More than 60 different equations were tested and refined and ranked. This one is the best.

Quote from: comments https://www.tradingview.com/script/xdPkShYr-Bitcoin-non-linear-regression-curve-REAL/

just got all the price historical price action, normalized, ran through a series of tests to find the best curve that fits. Then, got the formula and created the script using it in pine script

Looks like $40k might be the next ATH, $50k at best. Care to take a look and tell me what you think? Is he too conservative? Or realistic?

He is putting the next ATH around the next halvening. Does he even TA bro?

He isn't putting an ATH, I did. If you put the red circle somewhere further for example in April/2021 it becomes $80k.

What you see here is different lines which decides a different minimum and maximum price range than what filbfilb created back in the day. The second filbfilb chart is the updated version of the first, and to me, this new chart looks like the updated version of filbfilb's 2nd chart.

Ofc, it is just fortune telling but here is why i see value in this chart:

He got the absolute bottom right when we were there. (the chart was created in 14/Feb/2019) The creator of the third chart didn't put those lines after 3-4k came and went, he did it when it was happening. That's value.

Note that: the 2nd chart of filbfilb also got the bottom, look at those yellow lines, we just followed them. What I am talking here is, the 3rd chart don't have that green line in the 2nd filbfilb chart. So the 3rd one is the one you should be following.

If you made your preparations according to the 2nd chart and waited for more lower lows (what if it touches the green line...) you lost some serious buying opportunities. (i did, i was seriously waiting for sub $3k at one point) That's why I am moving to this new TA.