BitcoinLong
Mt.BFX - BTC Efficiency Model - Parabolas & Trends
Updated
Focus on the green areas.
Break of the orange parabola [PBL] and longer term trendline [GUT] takes price to lower inefficient prices [OS].
This idea is a perma-bull idea considering the longer term, the green areas are generally prices which are desirable for bounces/accumulation.
Break of the orange parabola [PBL] and longer term trendline [GUT] takes price to lower inefficient prices [OS].
This idea is a perma-bull idea considering the longer term, the green areas are generally prices which are desirable for bounces/accumulation.
Note
Updating this idea after 17 months.Note
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