'A New Data Model for Bitcoin: U2R Method' by mkhelfman btcprice bitcointrading
Even if S2F or S2Fx fail, we have lots of other models.
Four-year cycles. Hash cycles. Supercycles. Expanding cycles. Shrinking cycles. All sorts of multiples, moving averages, and extrapolations.Peak in Spring 2022? October 2022? Sometime in 2023? Was it the April 2021 all-time high? Or the October 2021 all-time high? Or the November 2021 all-time high?Kevin Svenson decided to throw them all out, except one.For that reason, I created my own model for bitcoin's price: the "Up and to the Right " model.
. It’s a public indicator on TradingView, specifically the “BTC Log Curve Zones Light” indicator projected over the Brave New Coin chart of bitcoin’s price over time.No. I’m dead serious. This is a model for predicting bitcoin’s price. How is it any less valid than any other model? Bitcoin’s price has oscillated around that black line for its entire history. That has to count for something.No.Mark, why are you giving us models that don’t predict price or help us make decisions?Before you dismiss U2R, recognize it’s held up well for 13 years. With data models breaking left and right, maybe U2R is the data model that finally works?
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