Replies to post #912 on ~ The Saloon ~ Crypto & Stocks ~

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My study of BTC hitting $20k

for now, we'll have to disagree about the odds of BTC hitting $20K.

All I am seeing is the log scale of BTC, not the Stock Trading scale.


https://www.lookintobitcoin.com/charts/bitcoin-logarithmic-growth-curve/

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Going back to the Study of BTC,

We are at wave 3 right now, we have to terminate wave 3 and enter wave 4.

When we have such extreme values in the data we need to use log scale. When we combine the longer price history with log scaling we get this chart. When we combing the chart, we see the low end of BTC is at $20k

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The point is BTC/ USD vs BTC/ USDT

BTC/USDT give rise to spot price which is what the disassociation I talk about. I am not saying USD vs basket of fiat. I am saying spot is traded as what? It is traded as BTC/USDT which is a tether print. The real futures is BTC/USD