A price regression based on power law.
-The RMSE (std. deviation) of $ETH is higher than $BTC since it is about 5 years younger, probably requires adjustment after 4 years.
-Both assets tend to reach cycle top at Median + 2.0 std. dev.
#Ethereum#Bitcoin
This is simple. #BTC is ranging between this range. If it breaks out then pump, if it breaks down then dump. There always be 2 PROBABLE scenario in almost all time, for this 1: bearish rectangle flag or rectangle bullish reversal. Wait for confirmation.
@ki_young_ju Come on! it is very simple. BTC is consolidating in this range. Bull vs Bear battle. Dont overcomplicate chart, if breakout then we Pump, if breakdown then we dump. There always be 2 probable scenario. Tired reading a post with complex analysis but not understand basic concept
@MaxLucado I vote for Joseph in the Genesis. If he decided to make a revenge to his older brother, then all Israelites will be vanish due to famine in Egypt, then mother Mary will not be born.
The reasonable expectation for $BTC this week:
1. Climb and close slightly above EMA50w ($45,000)
2. RSI weekly closed above 50.
One candle at a time.
#Bitcoin
Bitcoin’s impact on the environment has been a controversial topic.
I teamed up with @hello_bitcoin to explain the truth behind the electrification of money.
A price regression based on power law.
-The RMSE (std. deviation) of $ETH is higher than $BTC since it is about 5 years younger, probably requires adjustment after 4 years.
-Both assets tend to reach cycle top at Median + 2.0 std. dev.
#Ethereum#Bitcoin
A price regression based on power law.
-The RMSE (std. deviation) of $ETH is higher than $BTC since it is about 5 years younger, probably requires adjustment after 4 years.
-Both assets tend to reach cycle top at Median + 2.0 std. dev.
#Ethereum#Bitcoin
A price regression based on power law.
-The RMSE (std. deviation) of $ETH is higher than $BTC since it is about 5 years younger, probably requires adjustment after 4 years.
-Both assets tend to reach cycle top at Median + 2.0 std. dev.
#Ethereum#Bitcoin
A price regression based on power law.
-The RMSE (std. deviation) of $ETH is higher than $BTC since it is about 5 years younger, probably requires adjustment after 4 years.
-Both assets tend to reach cycle top at Median + 2.0 std. dev.
#Ethereum#Bitcoin
A price regression based on power law.
-The RMSE (std. deviation) of $ETH is higher than $BTC since it is about 5 years younger, probably requires adjustment after 4 years.
-Both assets tend to reach cycle top at Median + 2.0 std. dev.
#Ethereum#Bitcoin
A price regression based on power law.
-The RMSE (std. deviation) of $ETH is higher than $BTC since it is about 5 years younger, probably requires adjustment after 4 years.
-Both assets tend to reach cycle top at Median + 2.0 std. dev.
#Ethereum#Bitcoin
- The slope of $ETH price, in the beginning, is steeper than $BTC, but then it goes down.
- $ETH is slightly above its median line, while $BTC is exactly at the median level.
A price regression based on power law.
-The RMSE (std. deviation) of $ETH is higher than $BTC since it is about 5 years younger, probably requires adjustment after 4 years.
-Both assets tend to reach cycle top at Median + 2.0 std. dev.
#Ethereum#Bitcoin
is $40k the new $30k? The Fed’s hawkish stance on inflation has had broad impact. With the liquidity-driven momentum plays under pressure, it’s not a total shock that crypto has corrected. So what’s next for bitcoin? (THREAD)
#ETH holds the EMA50W very nicely. A reversal candle is highly likely in the next 1 or 2 weekly candles. Time to buy!
"Be greedy when others are fearful"
-Warren Buffet on #Ethereum
$ETH holds the fibonacci retracement 0.618 level around $3064 and the RSI indicates a significant oversold condition. Expect to have a strong rebound to $3500-$3600.
If $BTC can close above $42K on this weekly candle (in 5 days 16 hours), then:
1. Green reversal candle (hammer) will be formed
2. RSI weekly at the same level after COVID-19 2020 crash and mid-2021 crash
3. Hold support yellow hor. line
Bottom line: Back to bullish!
#Bitcoin