Mystery Chart Says to Buy Btc now and sell in ~115.2 Days

[bb113]

Here is an updated chart. It looks like the indicator did have a lower peak a few weeks ago. So that means it recommends to hodl steady (buy stuff with btc then replenish) for another ~100 days then start buying and sell in ~220 days. I have no idea why this cycle would exist and I would expect it to end now that this thread has gotten attention.

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[Voodah]

So this indicator is basically saying the crash is over now?

[windjc]

Here is an updated chart. It looks like the indicator did have a lower peak a few weeks ago. So that means it recommends to hodl steady (buy stuff with btc then replenish) for another ~100 days then start buying and sell in ~220 days. I have no idea why this cycle would exist and I would expect it to end now that this thread has gotten attention.

How do you update a mystery indicator?

[wachtwoord]

Here is an updated chart. It looks like the indicator did have a lower peak a few weeks ago. So that means it recommends to hodl steady (buy stuff with btc then replenish) for another ~100 days then start buying and sell in ~220 days. I have no idea why this cycle would exist and I would expect it to end now that this thread has gotten attention.

So: between 4/2/2014 and 7/31/2014 (US notation)

[bb113]

So this indicator is basically saying the crash is over now?

I don't think it means lowest lows have been hit. Look at what happened after the "$30 bubble", lowest point wasn't hit until way later. It just means you missed the peak.

How do you update a mystery indicator?

It is a mystery to you, not to me  

[FiatKiller]

I would interpret the latest thinking as the lowest low will occur in March then.

Edit: So what does it indicate the price will be in a year?  :-D

[yogi]

Edit: So what does it indicate the price will be in a year?  :-D

2014 peek > $10,000

[FiatKiller]

Edit: So what does it indicate the price will be in a year?  :-D

2014 peek > $10,000

Yeah, I figure $2500 as an absolute minimum and $6500-$8500 more likely. Hodling is smart from Winter onwards for sure!

[Sir Lagsalot]

I wrote about this mysterious Mystery Chart of Mystery over on CryptoCoinsNews. It inspired me to do some charting work with timeframes. I arrived at a fairly consistent cyclical view of price action. Would welcome any futher ideas, let's figure this thing out!

[2dogs]

I wrote about this mysterious Mystery Chart of Mystery over on CryptoCoinsNews. It inspired me to do some charting work with timeframes. I arrived at a fairly consistent cyclical view of price action. Would welcome any futher ideas, let's figure this thing out!

Quite excellent!  Bookmarked for future study.

[BoobaFR]

reserved. 

[Sir Lagsalot]

The Mystery Chart has become a bit of an obsession with me.

I am now applying these time cycles to many charts.

Today I found an odd timing pattern where 2x the major low to major low period of the recent "bubble" interests the date where the major downtrend line from the double top meets the $1000 Bitstamp significant resistance. It's easier to understand on the chart.

[Voodah]

The Mystery Chart has become a bit of an obsession with me.

I am now applying these time cycles to many charts.

Today I found an odd timing pattern where 2x the major low to major low period of the recent "bubble" interests the date where the major downtrend line from the double top meets the $1000 Bitstamp significant resistance. It's easier to understand on the chart.

Hey nice work, what's your TV user?

Would you mind sharing or publishing the final TV chart?

[hlynur]

The Mystery Chart has become a bit of an obsession with me.

I am now applying these time cycles to many charts.

Today I found an odd timing pattern where 2x the major low to major low period of the recent "bubble" interests the date where the major downtrend line from the double top meets the $1000 Bitstamp significant resistance. It's easier to understand on the chart.

Hey nice work, what's your TV user?

Would you mind sharing or publishing the final TV chart?

if i may chime in:
https://www.tradingview.com/u/Gordon%20Geeko/#published-charts

i'm still more lurking and learning about TA, but sir lagsalot's charts are some of the most interesting i've seen so far on tradingview.
big thanks from my side here and keep it coming.

[dedcoin]

Here is an updated chart. It looks like the indicator did have a lower peak a few weeks ago. So that means it recommends to hodl steady (buy stuff with btc then replenish) for another ~100 days then start buying and sell in ~220 days. I have no idea why this cycle would exist and I would expect it to end now that this thread has gotten attention.

I don't see how this chart is predicting future prices. These are simply historical data. Or am I missing something?

[sgbett]

I don't see how this chart is predicting future prices. These are simply historical data. Or am I missing something?

It already predicted, with frighteningly good accuracy, some 10 weeks before the selloff. Thats what you missed.

[dedcoin]

According to the dates of the posts:
1) 23rd august: May sell of already happen.
2) 23rd december (updated version of the graph was posted) : the 18th december selloff already happen.

[dedcoin]

I don't see how this chart is predicting future prices. These are simply historical data. Or am I missing something?

It already predicted, with frighteningly good accuracy, some 10 weeks before the selloff. Thats what you missed.

do we agree that may is at the 1000 mark and december 18th at about ~1250 ?

[aminorex]

According to the dates of the posts:
1) 23rd august: May sell of already happen.
2) 23rd december (updated version of the graph was posted) : the 18th december selloff already happen.

The highs and lows of x correspond to highs and lows of p.  The periodicities of x are obvious.  The periodicities of p less so, until you see x.

[dedcoin]

Ok, then I guess I am not reading the graph properly. At first, I though P was the future price prediction, and that we were at time point 1000 (which is obviously not the case).