Post
Topic
Board Economics
Re: Slippery Slope's Million Dollar Logistic Model
by
BitDreams
on 03/03/2014, 23:19:31 UTC
 As fictitious as we might believe mtGox price performance was over this past month it still played well with technical analysis. The green trend line was drawn back to the one-penny low on mtGox in October of 2010 (also coincides with 2.382 fib on the andrews fork I have tried to center on the chart). Even under all but total collapse that green dashed one-penny trend line, hinted at in an earlier post as 'your worst fears', that one-penny trendline held.

Traderview has Bitstamp exchange listed so I'll update this chart using the new symbol but for now, so long Gox charts - http://ponziunit.blogspot.com/2013/11/btcusd-using-traderviewcom-charting-tool.html :