Pruden
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Spanish Bitcoin trader


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February 12, 2014, 10:18:05 PM

square root (Cycle High / Cycle Low) * Cycle Low

666.716 =  sqrt (1163 / 382.21) * 382.21

That could be more simply stated as sqrt (Cycle High*Cycle Low), that is, the geometric mean. Very nice. It seems it was around 115 in the earlier bear market, so we seem to be in an equivalent to June last year. Stable, but in need of shaking the last weak hands.