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The chart is a logarithmic regression model, and while it’s not intended as a predictive tool, it gained popularity for its simplified representation of Bitcoin’s market cycles.
A popular crypto analyst thinks that Bitcoin (BTC) and stocks may skyrocket if one event occurs. In a new YouTube video, ...
Key Takeaways The Bitcoin rainbow chart is a simple, color-coded tool designed to help investors visualize Bitcoin’s long-term price trends and market sentiment. The chart uses logarithmic ...
Below is a chart of Bitcoin's price, in the form of yearly candlesticks on a logarithmic scale, which is useful here because it is better at displaying data that cover a large range of oscillating ...
If BTC breaches the golden pocket and the 1.272 Fib level on a logarithmic chart, it could swiftly surge to $128,000.
Bitcoin held an 85% market dominance in March 2017, but by January 2018, it plummeted to an all-time low of 32.45%. Bitcoin dominance is currently sitting at 50.1%, according to CoinStats data.
The price surge, which is so dramatic that it is best viewed on logarithmic charts, has been punctuated by three deep bear markets: dropping 93% in 2010 and 2011, 83% in 2013 and 2014, and 82% in ...
However, bitcoin's BTC$96,903.84 technical studies, particularly related to the weekly price chart, offer hope.