Bitcoin Forum

Economy => Speculation => Topic started by: ManBearPig on April 20, 2013, 11:53:08 AM



Title: Daily Chart to April 20th 2013 - Consolidation around $120
Post by: ManBearPig on April 20, 2013, 11:53:08 AM
http://tonycoleby.com/shared/2013-04-20_bitcoin_growth.png

Nothing dramatic but you *could* imagine the price waiting to rejoin THAT trendline couldn't you?

Disclaimer: Consult your financial advisor before buying Bitcoins. Then ignore him.


Title: Re: Daily Chart to April 20th 2013 - Consolidation around $120
Post by: ElectricMucus on April 20, 2013, 11:55:20 AM
Linear trendlines and logarithmic trendlines have one thing in common:

They all get broken, the logarithmic ones just sooner.