UbiquitousAngles

Bitcoin's Moving Averages (Lucas Numbers)

BNC:BLX   Bitcoin Liquid Index
Lucas Numbers

This is the final set of numbers for periods that we'll analyze in this series. In previous posts we discussed the significance of phi, the golden ratio, 0.618 and how Lucas Numbers relate to the Fibonacci Sequence.

Using daily closes, I have overlaid the SMAs and EMAs. The same colors represent the same set of periods while the brighter color is the EMA and the duller color is the SMA.

2 black
1 orange
3 red
4 pink
7 purple
11 dark blue
18 light blue
29 light green
47 black
76 orange
123 red
199 pink
322 purple
521 dark blue
843 light blue
1364 light green
2207 black
3571 orange

Next we will take a look at the same Moving Averages but using weekly closes instead of daily closes.
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