Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
d_eddie
on 03/08/2025, 15:57:35 UTC
⭐ Merited by JayJuanGee (1)
Your graph reminds me of this one:

Conclusion are not overly different, but a good parameter to keep in mind.

I cannot recall ever thinking about it like that... right now we have the 200-WMA at $51k and we have the previous ATH at $69k, and the 200-WMA is moving up around $50 per day, yet the rate per day is likely to continue to increase beyond $50 per day, so there is still room for the 200-WMA to reach that level.. we still have another $18k to go.
[/quote]

Which would translate into (69k$ - 51k$) / 50 $/day = 360 days, aka one year if  the 200-WMA doesn't speed up significantly - which it could, but probably just a bit.