Post
Topic
Board Speculation
Re: Analysis never ends
by
Tzupy
on 22/09/2014, 11:24:55 UTC
Just realized that bitcoin price has never closed below weekly lower bb in history. More than, price never hit lower-equal than -1 deviation on weekly timescale.

That's not as bearish as it looks, because the market movements take so much longer now than in late June - early July 2013.
If you look at the daily charts for that period, price being just below the BB was very common towards the bottom.