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Title: ManBearPig's 1.862% Daily Growth Trend Observer Chart for 1st May 2013 Post by: ManBearPig on May 01, 2013, 03:34:40 PM http://tonycoleby.com/shared/2013-05-01_bitcoin_growth.png
I've tidied up a few of the projections: the exact growth in the defining part of the trend was 1.862% though the last couple of digit or so is unreliable as I use closing prices. What-if's: What if we revert to the 9th Jan to 17th March trend of 1.862% daily growth? (blue line) Then we would expect the current price to be in the region of $109 today and around $124 on May 8th. What if we repeat the last open to close weeks's movement ie. a -9.7% decline? Then we would expect to see a price of around $126 on May 8th. |
