BETI: Bitcoin Exponential Trend Index and technical analysis

[mmortal03]

Would love to see an update

Is there a wolfram alpha equation set up for this yet?

I think the links in the following post show the index and the expected price: https://bitcointalk.org/index.php?topic=470453.msg27581815#msg27581815

[DieJohnny]

And this will be the historical BETI chart using absolutely all the BTC/USD entries in bitcoincharts.com since Sunday, 25 April 2010 16:37:04 till today:

Excellent. Thank you for this.

Next bull run will either break the last beti peak or I think beti is not the long term trend line....

[Bolkie]

Where would the -2.0 be right now?

[mmortal03]

Where would the -2.0 be right now?

Around $3000, I think.

[sgbett]

Note: the previous BETI chart was an "historical" plot computed with its regression parameters (slope and intercept) based on the information that was available until that day (so also all days preceding it).

Please compare it with the following chart, which re-computes all past BETIs based on the knowledge we have today, and using only the current data regression parameters. Past BETI values change, obviously, but the plot offers more “big picture rambling” for those of you noticing the current resistance level, with a look at where we are today...

Delighted to see this thread going strong. One of my favourites. Keep up the good work!

[ngoccuong11789]

Just a quick clarification... in order to prevent PMs.

In my previous post, even when I mentioned that "175,864,433 entries since Sunday, 25 April 2010 16:37:04 were used" this was not totally correct (my fault). I really started at user jl2012's original date of Saturday, 17 July 2010. This was for comparison purposes.

But if absolutely all the data is used... then the BETI stats are as follows:

Date   9/6/18
VWAP   $6422.69
x   3056 (note this)
y   8.767592
a (slope) historical   +0.0034328567
b (intercept) historical   -0.6732619229
Rsq historical   0.849800825183905
BETI historical   -1.0499563126
Expected Price historical   $18353.00
Actual price / expected price historical   34.99530373%

-2.00   $2,483.81
-1.50   $4,095.11
-1.00   $6,751.69
-0.50   $11,131.65
-0.25  $14293.33
+0.00  $18,353.00
+0.25  $23,565.71
+0.50  $30,258.97
+1.00  $49,888.61

What expect price in this situation? How can we draw this?

[birr]

What expect price in this situation? How can we draw this?

gấu thị trường
kiên nhẫn

[ngoccuong11789]

What expect price in this situation? How can we draw this?

gấu thị trường
kiên nhẫn

OKey, I see.....

[somac.]

would be nice if anyone can give an update on the index

[marcus_of_augustus]

would be nice if anyone can give an update on the index

here's an update, the index got rekt

[tmfp]

would be nice if anyone can give an update on the index

here's an update, the index got rekt

exponentially

[Dogboy714]

would be nice if anyone can give an update on the index

Currently -1.817 - I'd be surprised if we didn't go below -2 before starting a quiet bull run.

[Wekkel]

Historically a good time to increase BTC exposure. Unless you have given up on the dream of course 

[ngoccuong11789]

would be nice if anyone can give an update on the index

Currently -1.817 - I'd be surprised if we didn't go below -2 before starting a quiet bull run.

How can we draw this chart, brother?

[Dogboy714]

I'd be interested in providing weekly chart updates if someone has the macro and whatnot I need.

I think this is a great indicator and FYI - I'm all out the second the BETI hits .5 this time around. I think the overall tops are trending downwards and people lost lots of money waiting for BETI 1.5 to hit. :-)

[josegines]

I'd be interested in providing weekly chart updates if someone has the macro and whatnot I need.

I think this is a great indicator and FYI - I'm all out the second the BETI hits .5 this time around. I think the overall tops are trending downwards and people lost lots of money waiting for BETI 1.5 to hit. :-)

Do you mean that the next maximum will be +0.5?

The "BTC BETI" indicator is available in tradingview

Dec/13--->BETI= 3.0
Dec/17--->BETI= 1.0

¿next +0.5?

now is -1.72

[Mr.durden?]

Who can tell if there were any successful cryptocurrency technical analysis examples in the past? I mean there are different opinions regarding this type of analytics and most of the guys think that it cannot be applied to the crypto market.

[Iris_Colt]

Just a quick update...

Date   11/28/18
VWAP   $4,098.94
x   3056
y   8.318484
a (slope) historical   +0.0032121222
b (intercept) historical   -0.0144982009
Rsq historical   0.869245
BETI historical   -1.483263
Expected price historical   $18,065.28
Actual price / expected price historical   22.68% (kek!)
 
-2.00   $2,444.87
-1.50   $4,030.91
-1.00   $6,645.84
-0.50  $10,957.15
-0.25  $14,069.25
+0.00  $18,065.28
+0.25  $23,196.27
+0.50  $29,784.61
+1.00  $49,106.52

[windjc]

Just a quick update...

Date   11/28/18
VWAP   $4,098.94
x   3056
y   8.318484
a (slope) historical   +0.0032121222
b (intercept) historical   -0.0144982009
Rsq historical   0.869245
BETI historical   -1.483263
Expected price historical   $18,065.28
Actual price / expected price historical   22.68% (kek!)
 
-2.00   $2,444.87
-1.50   $4,030.91
-1.00   $6,645.84
-0.50  $10,957.15
-0.25  $14,069.25
+0.00  $18,065.28
+0.25  $23,196.27
+0.50  $29,784.61
+1.00  $49,106.52

Price is starting to lag the exponential curve more and more as would be expected at some point in the future. I would expect us to dip below -2.00 this time around and maybe only get to 0 next time as a top (maybe maybe close to +1).   But by the time that happens, I'd expect 0 to be ALOT more the 18k that it is currently now.

[Dogboy714]

Where is that in the realm of this?

https://imgur.com/ZArJRDS