Bitcoin Fibonacci Log Regression
The "Zero Line" is the calculated logarithmic regression of Bitcoin over the last decade.
The rainbow above the Zero Line are the Fibonacci multiples from 0 --> 1 of the log regression (0.236, 0.382, etc.)
The rainbow below the Zero Line is identical, except that the multiples are negative (-0.236, -0.382, etc.)
For the first time ever, Bitcoin broke through the Zero Line (the natural regression) when it dumped on March 12-13. It looked at though the regression was invalidated when, in fact, it simply made an unprecedented move to a lower Fibonacci multiple.
Enjoy.
The rainbow above the Zero Line are the Fibonacci multiples from 0 --> 1 of the log regression (0.236, 0.382, etc.)
The rainbow below the Zero Line is identical, except that the multiples are negative (-0.236, -0.382, etc.)
For the first time ever, Bitcoin broke through the Zero Line (the natural regression) when it dumped on March 12-13. It looked at though the regression was invalidated when, in fact, it simply made an unprecedented move to a lower Fibonacci multiple.
Enjoy.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.