TanayUK
Singkat

Parabolic advance has been broken.

BITSTAMP:BTCUSD   Bitcoin / Dolar
Classic bubble picture where things look like they're 'returning to normal'.

But the parabola has already been broken.

Unlucky lads
https://twitter.com/michalvitek333/status/945661768982061057
Balas
I think a multi-week / month correction is on the cards. If not, then we can stop analysing bitcoin history altogether. Bubble, crash, bear cycle, we had them before so what. Buy more cheaper.
Balas
Your parabola drawing is off I reckon. How does it curve way up like that?
+5 Balas
@RonVLT, that's the nature of a parabola
Balas
Moum413 TanayUK
@TanayUK, lol lol
Balas
RonVLT TanayUK
@TanayUK, your lower line is too drawn upwards, it doesn't follow the trend properly. If it were to be drawn right, than we would still be within the parabolic curve.
+1 Balas
RonVLT RonVLT
@RonVLT, I am not hating or bashing by the way, just pointing out what I observe.
Balas
@RonVLT, ok I see what you mean, however I didn't draw it by hand, I just set the mid-point of the parabola

could you share a chart showing your version?
Balas
RonVLT TanayUK
@TanayUK, Just adjust the lower line to touch the lowest point of the last 'dip' and it's fixed, IMO
Balas
@RonVLT, lol this look nonsense to me
\
+1 Balas
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