BETI: Bitcoin Exponential Trend Index and technical analysis

[Wekkel]

I think you will have plenty of time to sell. The local top is hard to predict at the moment, but I will be looking at $15-25k, than a 50% retracement, then $90-100k+ target. The retracement might bring us back to 0 BETI or below.

These numbers are almost exactly the same as masterluc's (fits both the first top, the bottom and the second peak).
There must be something in the air

[...]

I'm ready for this scenario.

[1714505034]

1714505034

[jl2012]

Date:   25-Nov-2017
BETI:   0.269
VWAP:   8407.83
x:   2,688
a:   0.003301
b:   -0.104816
Rsq:   0.832461
Expected price:   6421.89
Actual price / expected price:   130.92%
BETI ATL price:   691.39
BETI ATH price:   41574.44
Expected date:   14-Feb-2018
# of days ahead:   81.63
Daily VWAP rank:   1
Next expected price:   6443.12
   
   
   
   
https://www.wolframalpha.com/input/?i=e+%5E+%28+0.00330070101170544++%28+number+of+days+since+jul+17%2C+2010+%2Fdays+%29+-0.104816480800785+%29   

[jl2012]

If you like this thread, please donate to 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (bitcoin ONLY) or LRDGENPLYrcTRssGoZrsCT1hngaH3BVkM4 (LTC)

[Gab0]

I think you will have plenty of time to sell. The local top is hard to predict at the moment, but I will be looking at $15-25k, than a 50% retracement, then $90-100k+ target. The retracement might bring us back to 0 BETI or below.

I would like to know, how do you establish the sales targets in that price range? By technical indicators? or, sell small fractions in different objectives?

I am very grateful for the information that is shared here.

[btcone111]

This is an excellent thread - thank you very much for your kindnes to share your insight with everyone!

[windjc]

I think you will have plenty of time to sell. The local top is hard to predict at the moment, but I will be looking at $15-25k, than a 50% retracement, then $90-100k+ target. The retracement might bring us back to 0 BETI or below.

I would like to know, how do you establish the sales targets in that price range? By technical indicators? or, sell small fractions in different objectives?

I am very grateful for the information that is shared here.

This is not my chart, but its a brilliant one imho.

https://www.tradingview.com/chart/BTCUSD/YRZvdurN-The-target-of-current-bubble-lays-between-40k-and-110k/

[Biodom]

This is not my chart, but its a brilliant one imho.

https://www.tradingview.com/chart/BTCUSD/YRZvdurN-The-target-of-current-bubble-lays-between-40k-and-110k/

Yep.
Pretty much bitcoin's Manifest Destiny...sometimes I feel like I am in a dream with all these predictions coming to life.

[jl2012]

Date:   26-Nov-2017
BETI:   0.337
VWAP:   9027.85
x:   2,689
a:   0.003301
b:   -0.105068
Rsq:   0.832636
Expected price:   6446.35
Actual price / expected price:   140.05%
BETI ATL price:   694.03
BETI ATH price:   41732.82
Expected date:   8-Mar-2018
# of days ahead:   102.03
Daily VWAP rank:   1
Next expected price:   6467.67
   
   
   
   
https://www.wolframalpha.com/input/?i=e+%5E+%28+0.00330098096513097++%28+number+of+days+since+jul+17%2C+2010+%2Fdays+%29+-0.105067855682939+%29   

[jl2012]

Date:   27-Nov-2017
BETI:   0.387
VWAP:   9527.87
x:   2,690
a:   0.003301
b:   -0.105356
Rsq:   0.832812
Expected price:   6471.39
Actual price / expected price:   147.23%
BETI ATL price:   696.72
BETI ATH price:   41894.92
Expected date:   24-Mar-2018
# of days ahead:   117.17
Daily VWAP rank:   1
Next expected price:   6492.79
   
   
   
   
https://www.wolframalpha.com/input/?i=e+%5E+%28+0.00330130226501782++%28+number+of+days+since+jul+17%2C+2010+%2Fdays+%29+-0.105356463680917+%29   


Some BETI value and price:

0.5   10669.52
1.0   17591.07
1.5   29002.77

[Equilux]

Date:   27-Nov-2017
BETI:   0.387
VWAP:   9527.87
x:   2,690
a:   0.003301
b:   -0.105356
Rsq:   0.832812
Expected price:   6471.39
Actual price / expected price:   147.23%
BETI ATL price:   696.72
BETI ATH price:   41894.92
Expected date:   24-Mar-2018
# of days ahead:   117.17
Daily VWAP rank:   1
Next expected price:   6492.79
   
   
   
   
https://www.wolframalpha.com/input/?i=e+%5E+%28+0.00330130226501782++%28+number+of+days+since+jul+17%2C+2010+%2Fdays+%29+-0.105356463680917+%29   


Some BETI value and price:

0.5   10669.52
1.0   17591.07
1.5   29002.77

Thanks again dude!

[spiderbrain]

Where are we at? BETI = ln(10400/6500) = 0.47 based on the last trend analysis, I think.

[jl2012]

Date:   28-Nov-2017
BETI:   0.416
VWAP:   9852.65
x:   2,691
a:   0.003302
b:   -0.105667
Rsq:   0.832990
Expected price:   6496.82
Actual price / expected price:   151.65%
BETI ATL price:   699.46
BETI ATH price:   42059.50
Expected date:   3-Apr-2018
# of days ahead:   126.13
Daily VWAP rank:   1
Next expected price:   6518.30
   
   
   
   
https://www.wolframalpha.com/input/?i=e+%5E+%28+0.00330164789282104++%28+number+of+days+since+jul+17%2C+2010+%2Fdays+%29+-0.105667039826323+%29   

[jl2012]

Where are we at? BETI = ln(10400/6500) = 0.47 based on the last trend analysis, I think.

yes, more or less

[jl2012]

Date:   29-Nov-2017
BETI:   0.464
VWAP:   10377.66
x:   2,692
a:   0.003302
b:   -0.106013
Rsq:   0.833169
Expected price:   6522.80
Actual price / expected price:   159.10%
BETI ATL price:   702.26
BETI ATH price:   42227.74
Expected date:   18-Apr-2018
# of days ahead:   140.63
Daily VWAP rank:   1
Next expected price:   6544.38
   
   
   
   
https://www.wolframalpha.com/input/?i=e+%5E+%28+0.00330203301013341++%28+number+of+days+since+jul+17%2C+2010+%2Fdays+%29+-0.106013229445584+%29   

[jl2012]

Date:   30-Nov-2017
BETI:   0.395
VWAP:   9715.31
x:   2,693
a:   0.003302
b:   -0.106307
Rsq:   0.833345
Expected price:   6548.22
Actual price / expected price:   148.37%
BETI ATL price:   704.99
BETI ATH price:   42392.27
Expected date:   29-Mar-2018
# of days ahead:   119.46
Daily VWAP rank:   3
Next expected price:   6569.88
   
   
   
   
https://www.wolframalpha.com/input/?i=e+%5E+%28+0.00330235996048805++%28+number+of+days+since+jul+17%2C+2010+%2Fdays+%29+-0.106307240950967+%29   

[ssmc2]

Thanks for all of this jl2012. Is there any possibility of an updated graph like the one from your very first post of this thread?

[600watt]

Thanks for all of this jl2012. Is there any possibility of an updated graph like the one from your very first post of this thread?

he already did it on this page. scroll up.

[jl2012]

Date:   5-Dec-2017
BETI:   0.556
VWAP:   11652.19
x:   2,698
a:   0.003304
b:   -0.108219
Rsq:   0.834241
Expected price:   6682.69
Actual price / expected price:   174.36%
BETI ATL price:   719.47
BETI ATH price:   43262.85
Expected date:   22-May-2018
# of days ahead:   168.25
Daily VWAP rank:   1
Next expected price:   6704.81
   
   
   
   
https://www.wolframalpha.com/input/?i=e+%5E+%28+0.00330448295705589++%28+number+of+days+since+jul+17%2C+2010+%2Fdays+%29+-0.108218550451387+%29   
   
   
   
   
0.5   11017.90
1.0   18165.45
1.5   29949.76
2.0   49378.80

[DieJohnny]

0.5   11017.90
1.0   18165.45
1.5   29949.76
2.0   49378.80

1. have never passed .5 and not then reached 1.5 in 3 previous bubbles.
2. Move from .5 to 1.5 takes about 3-4 weeks.
3. This time no mt gox event, 100 times more on ramps into bitcoin, so expectations of exceeding highest BETI are high.

What is BETI 2.5?

Conclusion, possibly 50k+ in 4 weeks, that leaves two full years to have an adjustment and then get to $1 million.

[Denker]

0.5   11017.90
1.0   18165.45
1.5   29949.76
2.0   49378.80

1. have never passed .5 and not then reached 1.5 in 3 previous bubbles.
2. Move from .5 to 1.5 takes about 3-4 weeks.
3. This time no mt gox event, 100 times more on ramps into bitcoin, so expectations of exceeding highest BETI are high.

What is BETI 2.5?

Conclusion, possibly 50k+ in 4 weeks, that leaves two full years to have an adjustment and then get to $1 million.

Good points.
We may see a BETI we've never witnessed before I agree with that.
However it may be smart to start selling a bit (if you want to take profits) on those lower BETI levels like 1.0 and 1.5 as trying to get out at the top will almost be impossible. Expect DDOS and exchange overload. Bitfinex is already having issues with that. Kraken we know is always a mess. And Bitstamp and GDAX also aren't the most stable exchanges in times of extremely high trading traffic.