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Bitcoin nears the peak logarithmic regression band! Will it hold or break?


February 20, 2021 · By JP
Bitcoin (BTC)

Bitcoin has not made it there yet, but it is approaching the peak logarithmic regression band. Of course there is no guarantee that this regression band will help us time the exact top, but rather a mathematical exercise showing where peaks were in the past. It was only a few months ago when we were in the fair value regression band, and just like that, we have been navigating up and the price of Bitcoin is closing in on the peak regression band. The peak logarithmic regression band ranges tens of thousands of dollars so there is some uncertainty of course!

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