Post
Topic
Board Speculation
Re: Redneck Fourier bitcoin ATH forecast
by
d_eddie
on 30/01/2024, 11:49:54 UTC

Chart 1 shows the back-test of the Redneck Fourier indicator for cycle tops.
How is the RF indicator defined/calculated?

Choose a rate of increase and draw a straight line, like this
--snip--
The Redneck shows about when and where the market top is likely to occur, under conditions where bitcoin's price appreciates on that slope.
A straight line implies the RF indicator is based on the hypothesis of constantly exponential growth.

Maybe you could sketch a TL;DR of your whole findings?