Nights Watch by Afrikoin

[Afrikoin]

[1714066404]

1714066404

[1714066404]

1714066404

[1714066404]

1714066404

[Afrikoin]

For speculation purposes, IF we continue the same exponential trend, we are looking for the following price targets (note we are a bit above where the trendline says we should be right now):


 1 Jun 2017 : $1,243
 1 Jul 2017 : $1,335
 1 Aug 2017 : $1,436
 1 Sep 2017 : $1,546
 1 Oct 2017 : $1,660
 1 Nov 2017 : $1,786
 1 Dec 2017 : $1,918

 1 Jan 2018 : $2,064
23 Mar 2018 : $2,500
 8 Jun 2018 : $3,000
 8 Oct 2018 : $4,006

 1 Jan 2019 : $4,899

 1 Jan 2020 : $11,630

 1 Jan 2021 : $27,675


 

Now we're talking
I hope your prophecies can become reality bro, good work

[Afrikoin]

It's been a while since I updated the exponential trend, so I took another look at it this week.  Here are the previous posts from September and November 2016, for reference:

So back in September I posted an updated trend; the repeating cycle pattern may to be breaking down (I'll have to look into it a bit more carefully to see), however, I also posted this:

However, there is still hope for the outlook; check out the log graph and trendlines below; we have slowed down on growth, but definitely are still growing (and more closely sticking to the exponential growth curve rather than wildly fluctuating):

I thought it would be interesting to post an updated image on the trend line to see how it is going now compared to what the trend would say; to make it clearer to see where we are, I kept the same logarithmic trend line but changed the range of the vertical scale, and put it back to linear.  This is what you get:



From the looks of that, we are exactly in line with what the trend has been indicating for this cycle.  And notice the R-squared value is getting even better!

And here is the updated graph:



It amazing to me that it's been two years now, and the exponential trend is actually getting closer to being a perfect fit! 

In September, the r^2 value was 0.874 for an exponential increase of 0.23% per day.
In November, the r^2 value was 0.898 for an exponential increase of 0.22% per day
Now, in April, the r^2 value is 0.944 for an exponential increase of 0.24% per day

Remember, r^2=1.0 is a perfect fit.  So over the past two years we are remarkably close to a constant price increase per day of 0.24% (on average).  The fluctuations are actually deviating less from that increasing rate.

Bullish! 

[Afrikoin]

On high timeframes, resistance confluence around $1,410–1,450 and $1,800 become apparent with Fibonacci extensions, drawn from previous ATH to low, and yearly pivots. As bitcoin reenters price discovery mode, with no prior resistance in this zone, these are very real targets that will be reached for until buyers are exhausted.

[Afrikoin]

There is also an old bullish chart pattern, the inverted head and shoulders, with a measured move around $1,475.

[Afrikoin]

[Afrikoin]

Bitcoin Price Analysis: Keeping Grounded as Price Skyrockets 

https://bitcoinmagazine.com/articles/bitcoin-price-analysis-keeping-grounded-price-skyrockets/

[Afrikoin]

[megadeth]

From reddit, a couple of months ago:

I was using fibs as stops for these moves, yes. 200->300->500->800->1300 / ATH.

You can keep going (2100->3400->5500->8900), but I don't necessarily expect pullbacks at these areas, just general resistance. I think the "up to the next fib, retrace to the previous, up to the next one" works until we hit the ATH, then it's all bets are off. However, I would expect pullbacks and possible an end to the bubble around the $9k mark. $10k will be a huge psychological barrier, so I'd want to be partly out before then. My goal is to get rid of 2/3 to 3/4 of my position above $7.5k but lower than about $9k. I plan on waiting until we get above at least $2k or $3k and waiting for a 35%+ retrace signaling the top of the bubble, and when we get back to about 82-85% of the original high, that's where I'll do it (top of the dead cat bounce).

[Afrikoin]

Bitcoin Price Analysis 2.5.17


https://www.deepdotweb.com/2017/05/02/bitcoin-price-analysis-2-5-17/

[Afrikoin]

Jon Matonis Joins Blockchain Pioneer nChain as Vice President of Corporate Strategy

https://nchain.com/news/jon-matonis-joins-blockchain-pioneer-nchain-vice-president-corporate-strategy/

[Afrikoin]

Craig Wright's New Company is Building a Bitcoin Core Competitor

http://www.coindesk.com/craig-wrights-new-company-developing-bitcoin-core-alternative/

as a side,

Craig Wright was part of a 4 person  Satoshi Nakamoto Team

This is worth noting

[rampantparanoia]

Craig Wright was part of a 4 person  Satoshi Nakamoto Team

do you have a source?

[york780]

Craig Wright was part of a 4 person  Satoshi Nakamoto Team

do you have a source?

He hasnt got much evidence. Its stated in the article. Probobly just a marketing stunt for attention or/and goodwill for further projects related to this man. This game is clear, only his next project isnt.

[Afrikoin]

Craig Wright was part of a 4 person  Satoshi Nakamoto Team

do you have a source?

SATOSHI IS DEAD - LONG LIVE SATOSHI - TEAM LEADER COMES OUT


http://financialcryptography.com/mt/archives/001593.html

[Afrikoin]

Craig Wright was part of a 4 person  Satoshi Nakamoto Team

do you have a source?

He hasnt got much evidence. Its stated in the article. Probobly just a marketing stunt for attention or/and goodwill for further projects related to this man. This game is clear, only his next project isnt.

Well, i have a reliable source

that says Satoshi Nakamoto was a 4 person team

and that Craig Wright and Daniel Kleiman were 2 of them

and that Ian Grigg was consulted for developing Bitcoin.


make of this as you wish.

I have nothing to gain from this

[Kramerc]

Is your source as reliable as the $800 indicator?

CSW is an impostor, nothing more than that...

[Afrikoin]

Is your source as reliable as the $800 indicator?

CSW is an impostor, nothing more than that...

lol!


You have 'troll like' tendencies.

why i said make of this as you wish.

Do you always have to be a prick ?

Are you a prick in real life?

[Afrikoin]

[Afrikoin]