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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (169566)	3/16/2021 8:57:57 PM
From: sense	Respond to of 217737

I think not much utility in a plotting only a straight line, which is presented here as the halving rate, without addressing the specific relevant time points... and price behavior relative to them. Also, the element of weeks early/late is a distraction from the nature of variation that matters, in the price... The reasons for presenting data that way... I'd again refer to "How to Lie With Statistics". It reinforces the idea that "up is the only option" making the rest a matter of time... But, whether that is true or not... its useless in trying to determine the relevance or utility of the contained information in devising a trading strategy. So, plot the straight line on a chart of BTC... and suddenly it is visible as relates to price information instead of time... allowing you to wonder why the deviations exist... and consider what it is that price correlates to in its variations over time... which is not the straight line. Simplify the task... by noting the straight line is approximated in the last four months by drawing a line that lies on top of and connects the peaks of the 20MA... Then, ask the question... what does bitcoin price variation relate to other than the straight line ? How well correlated is it to different things you might chart ?