Post
Topic
Board Speculation
Re: BETI: Bitcoin Exponential Trend Index and technical analysis
by
d57heinz
on 23/07/2020, 10:59:02 UTC
Reviving this "dead'' thread again...

BETI is at a very low nuber of -2.885 (and people think that we are not are still in the bear market, lol).

Yep, my thoughts exactly ever since the March crash. We're still stuck in the post-2017 bear market range. Nothing but lower highs.

At the same time, breakouts upwards of $10.5K and $14K could bring very fast exponential upside. So there's that to consider too.

At which point should we declare that BETI is completely dead and buried?

Hard to say since it's just based on a regression model. Another bubble cycle will of course revive it. I've been saying for years that BTC's price cycles are slowing down, and I don't think the model properly accounts for it.

The slowing down. Isn’t that typical of a Ponzi scheme. The slow down comes as there are no more new people to sucker into the scheme. You know this.  We don’t need graphs and models to state the obvious.