BETI: Bitcoin Exponential Trend Index and technical analysis

[tigertigertiger]

Well I still think its highly unlikely to get a new BETI record.

[Biodom]

For all the long-term follower of this thread, yesterday is a very remarkable day. We see the first positive BETI after 1295 days.
Once a bubble was growing above 0 BETI, the tops were made in 48 days at most.

Darn it (<48 days), I was hoping that we will peak early in 2018 instead.
Double peaking in $ terms is possible, though, which almost happened in 2013, early 2014.

[btc4lifer]

For all the long-term follower of this thread, yesterday is a very remarkable day. We see the first positive BETI after 1295 days.
Once a bubble was growing above 0 BETI, the tops were made in 48 days at most.

Darn it (<48 days), I was hoping that we will peak early in 2018 instead.
Double peaking in $ terms is possible, though, which almost happened in 2013, early 2014.

We're in a much different type of move from the early days....

[jl2012]

Date:   14-Oct-2017
BETI:   0.023
VWAP:   5680.62
x:   2,646
a:   0.003297
b:   -0.101390
Rsq:   0.825477
Expected price:   5553.14
Actual price / expected price:   102.30%
BETI ATL price:   597.86
BETI ATH price:   35950.30
Expected date:   20-Oct-2017
# of days ahead:   6.88
Daily VWAP rank:   1
   
   
   
   
   
https://www.wolframalpha.com/input/?i=e+%5E+%28+0.00329686681358129++%28+number+of+days+since+jul+17%2C+2010+%2Fdays+%29+-0.101389877600999+%29   

[jl2012]

Starting from today I'll provide "next expected price", which is the VWAP of the next day required to keep the BETI above 0. For example, the next expected price of  14-Oct-2017 is $5571.48, which means the target 0-BETI price for 15-Oct-2017. As of writing, the VWAP of 15-Oct is $5591.1

[Biodom]

For all the long-term follower of this thread, yesterday is a very remarkable day. We see the first positive BETI after 1295 days.
Once a bubble was growing above 0 BETI, the tops were made in 48 days at most.

Darn it (<48 days), I was hoping that we will peak early in 2018 instead.
Double peaking in $ terms is possible, though, which almost happened in 2013, early 2014.

We're in a much different type of move from the early days....

and?

[btc4lifer]

We're in a much different type of move from the early days....

and?

Slow grind.... we're not in the olden days anymore.

https://www.tradingview.com/x/HZhwkXGS/


I'll probably have to update that chart soon to $100k tho as I'm getting hints on the longer term indicators that we've still not reached the inner most 3rd wave.  

[jl2012]

0.002, a near miss. The VWAP for 16-Oct has to be 5589.9 to keep BETI positive

Date:   15-Oct-2017
BETI:   0.002
VWAP:   5584.71
x:   2,647
a:   0.003297
b:   -0.101392
Rsq:   0.825640
Expected price:   5571.50
Actual price / expected price:   100.24%
BETI ATL price:   599.84
BETI ATH price:   36069.15
Expected date:   15-Oct-2017
# of days ahead:   0.72
Daily VWAP rank:   3
Next expected price:   5589.90

[jl2012]

Data points:   2642
BETI ATL   -2.229
BETI ATH   1.868
   
Date:   16-Oct-2017
BETI:   0.016
VWAP:   5681.03
x:   2,648
a:   0.003297
b:   -0.101404
Rsq:   0.825804
Expected price:   5590.04
Actual price / expected price:   101.63%
BETI ATL price:   601.84
BETI ATH price:   36189.15
Expected date:   20-Oct-2017
# of days ahead:   4.90
Daily VWAP rank:   1
Next expected price:   5608.50
   
   
   
   
https://www.wolframalpha.com/input/?i=e+%5E+%28+0.00329688268344281++%28+number+of+days+since+jul+17%2C+2010+%2Fdays+%29+-0.101403909161953+%29   

[jl2012]

I think we are struggling to just keep the BETI above zero

[Denker]

I think we are struggling to just keep the BETI above zero

Yepp we are down again. Quite some resistence this "0 Level". 
But sooner or later we will definitely crack it and then it may become a hell of a ride.
Not that I am looking forward for it to happen soon. But at some point it will.

[TwoCorn]

So, Betty is just toying with us, eh? She's such a tease!

Is there some kind of confirmation signal, besides just being above 0 for 24 hours? As I look way back, it looks like there were a few times early on when it went above 0 for a while without actually spiking upward. Although, they were different days then.

[jl2012]

Date:   19-Oct-2017
BETI:   0.002
VWAP:   5654.05
x:   2,651
a:   0.003297
b:   -0.101368
Rsq:   0.826288
Expected price:   5645.20
Actual price / expected price:   100.16%
BETI ATL price:   607.77
BETI ATH price:   36546.24
Expected date:   19-Oct-2017
# of days ahead:   0.48
Daily VWAP rank:   3
Next expected price:   5663.84
   
   
   
   
https://www.wolframalpha.com/input/?i=e+%5E+%28+0.0032968421453372++%28+number+of+days+since+jul+17%2C+2010+%2Fdays+%29+-0.101368038603771+%29   

[Bitcoinaire]

Just barely positive again, I think this may blow soon............

[Syke]

Time for an updated charted? This is the highest we've been in about 3.5 years.

[jl2012]

[jl2012]

Date:   20-Oct-2017
BETI:   0.039
VWAP:   5891.45
x:   2,652
a:   0.003297
b:   -0.101398
Rsq:   0.826453
Expected price:   5664.18
Actual price / expected price:   104.01%
BETI ATL price:   609.82
BETI ATH price:   36669.10
Expected date:   31-Oct-2017
# of days ahead:   11.93
Daily VWAP rank:   1
Next expected price:   5682.88
   
   
   
   
https://www.wolframalpha.com/input/?i=e+%5E+%28+0.00329687576397175++%28+number+of+days+since+jul+17%2C+2010+%2Fdays+%29+-0.101397809399009+%29   

[Krikke]

BETI breaking into higher positive numbers! Let the rocket to the moon Mars take off! 

[StarenseN]

Hello, has the positive/negative absolute value any meaning or is it just a relative number that can be either pos/neg without any implications?

[mmortal03]

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