I'm just posting this simple chart to show how a curve trend on the BLX log graph can give varying BTC price target tops, to an extent.
On this chart, I drew two valid curves, which shows a BTC top of either $72k or $100k. I could have easily drawn a third valid curve and made it $120k.
Depends on how you bend the curve while touching the tops. And of course, that is if BTC is still honoring this curve trend. We'll soon find out.
On this chart, I drew two valid curves, which shows a BTC top of either $72k or $100k. I could have easily drawn a third valid curve and made it $120k.
Depends on how you bend the curve while touching the tops. And of course, that is if BTC is still honoring this curve trend. We'll soon find out.