Nearing the linear regression trendline signal

[Raystonn]

The red line is the Excel trendline computed using only data from the past up to that point in time.  If the chart had been made on that date, the trendline would have crossed at that point.  Look what happens every time the price crosses that line.  The trendline is at $752 now.  We're almost there.  Interesting times ahead.  Also note the red line might make a good stop loss for those not holding.

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[bitcoinsrus]

Glad to see you back making another post brah. Nice chart

[BittBurger]

Nearing the transcendant evasive apex beacon.

[Chalkbot]

Nearing the transcendant evasive apex beacon.

Fucking finally.

[zimmah]

$750 is also one of the fibonacci points, so it may take some effort to break $750. But once we're past that we will see the moon for sure.

But first we have to get back at $680+

[DolanDuck]

Looking at the chart seems that we are still too close to the last peak to start a new bubble,
I hope that the recent price increase is the start of a new ATH rally, but maybe is too early.

[zimmah]

Looking at the chart seems that we are still too close to the last peak to start a new bubble,
I hope that the recent price increase is the start of a new ATH rally, but maybe is too early.

it has been about 7 months or so since the last peak, and there's usually about 8 months in between peaks. So a peak in July is to be expected.

[bitrider]

Yes, I think we are close. But will likely see some leveling before the big run up. I'm guessing that we we would see the full run in July or early August. Of course this is bitcoin and it could come earlier.  Personally I'd like to see some more time and buying pressure build before the run - so that we can go full speed for a panic buying peak.

[byronbb]

Next bubble at 4k then. I'll take it.