BLX: Great historical data - Time at mode breakdown of Bitcoin
I'll cover all the main weekly, monthly, and bimonthly trends in $BTC, using the $BLX chart, which very interestingly contains historical data older than what Bitstamp offered until now at Tradingview. Great addition!
You can see how the trends work, and how Time @ Mode would have let you ride them all with great precision, and specially, told you 'when to fold 'em' right before huge drawdowns.
I won't get into too many specific details about how to combine these techniques and timeframes systematically to find the key turning points since that is the secret sauce of this method, but will illustrate some of the main signals we had over the years.
Cheers,
Ivan Labrie.
You can see how the trends work, and how Time @ Mode would have let you ride them all with great precision, and specially, told you 'when to fold 'em' right before huge drawdowns.
I won't get into too many specific details about how to combine these techniques and timeframes systematically to find the key turning points since that is the secret sauce of this method, but will illustrate some of the main signals we had over the years.
Cheers,
Ivan Labrie.
