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 Things are stabilizing. Demand is moving away. |
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 If you check this picture, globally, nothing really interesting is goin on. This is a log return analysis of Bitcoin. We have steady agressive demand and very weak supply. It will be interesting to see how long the demand can push the tempo. |
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As predicted price of BTC will try to converge around 15k by the end of the weekend. Demand is still very agressive, guys.
Since no one is posting here, is there an interest to continue?
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Bitcoin above 12k and demand is still pushing. with this ratio, price can hit 18k till the end of the week.  By the way guys, if you find this analysis useful and if you have made any profit based on them, you can share some of your profit with me... Why not? here is the wallet: 1CWp3LXEQSVMkWTW2vfSRxppfr4gpnoUf7 Thank you. |
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 Demanders are getting more and more agressive. I believe price can go above 15k within next week, if ratio between supply and demand stays about the same as it is now. |
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Supply above 10k is weak. Prepare for big price changes, it might swing to 14,15k in next week and fall again. Volatility is coming.
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Still a huge demand and almost none support for supply above 10k. It's still looks Bitcoin will hit the sky if it goes above 10k.  |
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Demand is huge, yet supply is very weak. Another day like this and BTC will be the head news. But, we need another day like this, who knows what happens in next hours...
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Guys, check this picture. In last 24 hours we had major shift in demand and supply stayed the same. If things go in same direction as today we can expect price to go a lot above 10k. |
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 Nothing much going on. 10k is the psychological and supply limit. |
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Can we ever rely on this data ?
We would never be able to gauge the P2P exchanges , the buying and selling that is going on in the system , nor we would be able to analyze this curve fully with no error in measurement.
The thing is , it is made in this sense that it's hard to actually keep a track of everything.
I do believe that it's something that we cannot find with absolute certainty.
It's not absolute cetain. It's like weather report. It gives you fully accurate current weather condition, but it can not tell you what is going to be a weather like in next hour. Nobody can predict with certantiy. But hopefully you have information and this might be useful for your trading. I mean, it's still more likely to snow in December, than June, if you know what I mean. |
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Compare last graph with this one: https://i.ibb.co/ZH6dc0Q/figure-1-2.pngNotice how demand curve wants to flatten above 8.75k USD, it seems demand is loosing on power. CURRENTLY. But who knows what happens next. |
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https://i.ibb.co/HxhKbGh/figure-1-2.pngThe global picture is almost the same as yesterday, but this one might be interesting for day (hour) traders. Currently, the demand curve is far more inelastic than the supply curve. It seems currently there is a favor in demand for bitcoin. We might see the price go up if the ratio stays the same in the next couple of hours.
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My prediction is Bitcoin will be quiet steady for today. I expect the price might fall down a bit, do not expect any drastic movement in price to go up, because there is quite an elastic supply for 2.5k bitcoins.   With bitcoin trading, especially when you consider the fact that a lot of the speculative activity is completely arbitrary and random, and there are many external factors influencing price, I doubt that a single supply/demand graph says much at all. Also, I don't think that basing it off one single exchange's order books means that this data will be accurate - each exchange has their differing amount of liquidity at a given point in time, and does not reflect the big picture. By the way, is there any tangible reason as to why you included a demand curve shifted to the right 500 units, or is that just an arbitrary number that you came up with to illustrate a potential increase in demand? Thank you. It's just an arbitrary curve, to give you an orientation what a random huge buying entry would cause to the market. |
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this is good news, and hopefully the information you say is true. because we have had a long mental war in the face of market conditions. but I also still don't believe where is the supply of Bitcoin?
just follow the blue curve. |
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Of course, I will be interested to see your prediction because that will help me to make my own analysis and I am sure that I will find a way to buy or sell later.
The bitcoin price needs to be stable for a moment before it increases and bitcoin is already making a correction before, so there is a chance for bitcoin price to reach the higher price.
Maybe we will see something in the next week because usually, on the first day in the next week, the price will give some surprise to us so gets ready for that.
That's great. |
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even your predictions do not match reality, we can see if in the past few days bitcoin has fallen and now we are seeing it rise again, right what many people say in this forum that it is difficult to predict the price of bitcoin.
whoever say he is right about future, is wrong. Please note guys: I am not trying to give you prediction in a way, Bitcoin will be 10k today and 9k tomorrow. I am just looking at a picture and evaluating what is the mood among buyers and sellers. Currently, it's a fact, that we have a short run supply at 10k. And if all the sudden BTC reaches 10k, we will have price explosion. Is it likely to happen that BTC will reach 10k? I don't know. Is it possible that price will not explode? Yes, it is possible sellers will consolidate the line, but it is very likely the price will jump once it reaches 10k, looking at last published graph.If anything changes, I will let you know. |
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Is is just because of you think so or there is some calculation or something like that? Where is actual analysis?
I pressed "I do not care" in voting, because of this sort of predictions doesn't look trustworthy for now. I think you need to work on it more to make it attractive and based on facts and correct calculations.
Calculations are correct and the results are as they are. Within some confidence level, I can let you know what price range we can expect, applying supply and demand ratio, we can give an assessment in which directions price tends to go. But like I say, my purpose is not to do that. I am just giving you a model prediction on current supply and demand graphs. |
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 As you can see, curves are about the same same as two days ago. Nothing much is happening. We have an elastic supply and an elastic demand up to 10 k. The demand curve has a bigger value of slope in short scale. So, we can say there is a higher demand for bitcoin right now. But it should not affect the price a lot. Note: This is the current image. In one hour anything can be changed. |
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saying that btc doesn't change price which isn't right at all.We should say atleast that the price is moving sideways yet price is always been volatile.
This is my first time on seeing the demand and supply. Where you do base it off?
Friends were asking often, why BTC doesn't change the price when everyone expected it should. It would stay within some range. The answer is in the demand and supply ratio. So I went calculating to see what are ratios and I found interesting results, which I plotted to graph and may or may not help to other investors. I use data from one of the biggest exchanges, but programmed stuff to have an image as it has now. |
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