btcman

Bitcoin X Data Science | Machine learning & data analysis

[btcman @allinonbtc]

My portfolio

[btcman @allinonbtc]

🐂📈

[Elon Musk @elonmusk]

@zerohedge True.

That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy.

[btcman @allinonbtc]

My take on #BTC price action:

Since we reached 100k we’ve been dealing with lots of sell pressure, however I think this will soon change. Even with some of these volatile downside moves we keep holding major support and coming back to the 100k level. I’m ready, are you?

[Peter Schiff @PeterSchiff]

The higher the price of $MSTR stock, the more shares @Saylor can sell. The more shares he sells, the more #Bitcoin he can buy. The more Bitcoin he buys, the higher the Bitcoin price rises. When the price of Bitcoin goes up, the share price of MSTR goes up more. When does it end?

[btcman @allinonbtc]

The #bitcoin model continues to predict further upside price action after the breakout from yesterday. Becoming more #bullish by the minute.

[btcman @allinonbtc]

I'm bullish and looking for a retest of the $71,000 level, then $73,000. If we break through we could be set for blast off. All I can think about is that I don't have enough #Bitcoin. #stackingsats

[btcman @allinonbtc]

My most recent #Bitcoin #machine_learning model prediction. The yhat upper and lower values represent the confidence intervals.

[btcman @allinonbtc]

The next step will be to incorporate more price action into the model as well as more regressors to attempt to make it more accurate

[btcman @allinonbtc]

My most recent #Bitcoin #ML model is trained on the last 90 days of price action in hourly intervals. This model has a 87% r^2 score which is used to show accuracy of predictions. It predicts the next 7 days to be sideways and up. #uptober

[Cole Walmsley @Cole_Walmsley]

Why buy stock in a single company when you can buy stock in the entire world?

Bitcoin is the global productivity index fund.

Few.

[btcman @allinonbtc]

#Capriole investments #Bitcoin macro index chart (a collection of over 60 powerful metrics which power a machine learning model) recently flipped to expansionary, signaling a higher chance for upside now and in the future. Just a little more hopeium for my fellow bulls out there.

[btcman @allinonbtc]

#Bitcoin currently experiencing a retracement to test the 50% fib level I have been talking about in prior posts. I believe we find more support here and start to build a base for liftoff while waiting for #Uptober. Strap in, it's getting to be that time.

[btcman @allinonbtc]

#Bitcoin PA update:
We've made the push past the 50% fib and are now finding resistance at the 68.1% fib ($65,800). Short term price targets to be on the lookout for:

Upside resistance:
~$67,250
$69,000 (78.6% fib)

Downside support:
$64,500
$63,500 (50% fib)

[btcman @allinonbtc]

@bbbtccc_ I agree, I think in the next few days we may be testing resistance levels around $66,000 and then beyond I’m looking at $69,000 as another level of resistance level. #Bitcoin #Bull

[btcman @allinonbtc]

@Vivek4real_ Bitcoin uses lots of energy by design, this can be seen as a reason why bitcoin is valuable. Bitcoin captures energy better than any currency ever.

[btcman @allinonbtc]

Price targets to look at for support on the downside are:
$61,250
$58,500

Price targets to look at for resistance on the upside are:
$65,800
$69,000

Long term I am bullish and starting to make a strategy for taking profits in the upcoming bull run. Time to get locked and loaded

[btcman @allinonbtc]

Current take on #Bitcoin PA:
We've been capitulating for a roughly week around the 50% fib level between ~$54,000 - $73,000 which represent the closed daily local high and low since the February - March pump. Short term I think that we will retrace to test the 38.2% fib ~ $61,250

[The ₿itcoin Therapist @TheBTCTherapist]

This is why I buy Bitcoin.