BitcoinLong
KSModel - Estimating Bitcoin bull peak, bear market low prices
Twice a day, 7 days a week, I do YouTube videos under the "Crypto Trading KS" channel. I look that look into price action across Bitcoin , the stock market (focusing on crypto related stocks), bonds, yields, the dollar, major indices as well as doing low level technical analysis on specific ALTS
As a former lecturer in 1st and 2nd year statistics, with a background in actuarial science, management consulting, research, finance, and law - I seek to create analysis that is hard core focused on science combined with 20+ years of trading experience.
The KSModel is a real-time crypto technical trading model based on institutional price psychology (not retail price psychology).
In this update (2021-07-19), I make an estimate that the likely values are:
Bear market cycle lows ($31,350 to $72,900 )
Bull market peaks (288k to 486k)
Absolute minimum price of Bitcoin is $132,418
The halving cycle is fluctuating due to hash rate reduction so these values could well change as mining comes back online. I'll keep everyone updated.
As a former lecturer in 1st and 2nd year statistics, with a background in actuarial science, management consulting, research, finance, and law - I seek to create analysis that is hard core focused on science combined with 20+ years of trading experience.
The KSModel is a real-time crypto technical trading model based on institutional price psychology (not retail price psychology).
In this update (2021-07-19), I make an estimate that the likely values are:
Bear market cycle lows ($31,350 to $72,900 )
Bull market peaks (288k to 486k)
Absolute minimum price of Bitcoin is $132,418
The halving cycle is fluctuating due to hash rate reduction so these values could well change as mining comes back online. I'll keep everyone updated.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.