Part I. The Parabolic Supertrend in Bitcoin — An assessment
I thank Parabolic Trav for sharing his analysis with me and for being generous with his time in discussing his thoughts on Bitcoin.
The Chart that Launched a Thousand Dreams
The purpose of this short note is to analyze a possible basis for the long-term growth pattern — the supertrend — exhibited by Bitcoin, as shown by the chart shared with me by Parabolic Trav, and shown as Figure 1 below.