veryevilone
Long

Bitcoin 3day parabolic move with angle trendlines

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
This chart is based on the idea bitcoin will keep going up at a steeper and steeper rate. If it ever dips below the trand angle, i would argue the parabolic move up is over and the time of breaking ATHs is over. After the ATH in end of 2013 Bitcoin entered a nearlt 24 month bear market, but time will tell if the coming bear market will be so bad. One thing is for sure, bit coin cant keep going up like this forever. Right? Right?
Comment: Unfortunately tradingview screws up the trendlines for some reason. Here is a static image
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Comments

Yeah they need to fix the angle tool.
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What's scary is that I can totally see what you're driving at. If it's possible, it would totally change the outlook of what defines "sustainability" in regards to rate of increase. Your chart almost makes me want to clear all my limit sells... almost. But the math is compelling.
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