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2019-10-09 12:00:36 Bitcoinist

Bitcoin’s ‘Never Look Back’ Price Promises Steady Long-Term Gains

Amongst the wide range of charts, models and tools to map and predict bitcoin price moves is one barely-noticed metric. But Timothy Peterson, of Cane Island Alternative Advisors, has just published an article championing Bitcoin’s ‘never look back’ price. Bitcoin Passes A Point Of No Return The concept of the ‘never look back’ (NLB) price is simple. For each given date of Bitcoin’s existence, plot the lowest price between that point and today. So forRead MoreThe post Bitcoin’s ‘Never Look Back’ Price Promises Steady Long-Term Gains appeared first on Bitcoinist.com.