I have the log downtrend line at 262. Which is currently a paltry 4200 coins away on bitfinex.
It is just a matter of when the price moves up now IMO.
Btw who in their right mind leaves btc to be lent out short at 0.008% a day? lol
It is just a matter of when the price moves up now IMO.
Btw who in their right mind leaves btc to be lent out short at 0.008% a day? lol
How can I see the log downtrend ?
Could you tell me more about it please ?
This is the resistance we are facing, right ?
Go to bitcoinwisdom.com. Choose the logarithmic price option. On 1week connect a line from the all time high downwards. Change the mode back to linear and you will see a nice bendy line curling downwards. Zoom in to a smaller time mode and you can see that it today is about 262.