Bitcoin Logarithmic Growth Curve (2022 Update)
Here's a 2022 update on the Bitcoin logarithmic Growth Curve.
- High Deviation (RED regression band) suggests the highest possible point of a market cycle.
- Lower Deviation (GREEN regression band) suggests the lowest possible point of a market cycle.
- Mid Deviation (YELLOW regression band) suggests the halfway point of the cycle.
- Fibonacci Retracement levels are implemented on top of the data model to predict and determine different milestone, key resistance/support and levels.
Some Data models can be wrong, but at least it gives as an idea on what to expect for the coming weeks to come! In Data Science, it is called Predictive Analytics. Will do a review video for this for 2022!!
- High Deviation (RED regression band) suggests the highest possible point of a market cycle.
- Lower Deviation (GREEN regression band) suggests the lowest possible point of a market cycle.
- Mid Deviation (YELLOW regression band) suggests the halfway point of the cycle.
- Fibonacci Retracement levels are implemented on top of the data model to predict and determine different milestone, key resistance/support and levels.
Some Data models can be wrong, but at least it gives as an idea on what to expect for the coming weeks to come! In Data Science, it is called Predictive Analytics. Will do a review video for this for 2022!!