ETHBTC Channel with Upper and Lower limits + Dominance Growth

20 באוג׳ 2021

This is a curved projection channel created upon a bounding box. The chart is presented over a LOG price scale. For its creation we use 3 "curved line boundaries" that cover the center, upper and lower limits for potential movement. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits and oscillation parameters.

Also extrapolating the relation of BTC + market dominance + log price scale there is some kind of price with date average growth calculation.

It could be expected an average price of
4500 on November/2021
6000 on January/2022
12000 on May/2022

Just sharing my personal charts for learning purposes only. This is not an investment recommendation.