sad0shi on Nostr: Correct answer is: you are right it is volatile. What do you compare it to in order ...
Correct answer is: you are right it is volatile. What do you compare it to in order to determine its relative level? Gold? Stocks? Eggs prices?
I’d just point them to 200 week moving average and show them that when you zoom out, the graph only goes in one direction. Everything else is noise.
https://www.lookintobitcoin.com/charts/200-week-moving-average-heatmap/Published at
2023-03-28 23:30:36Event JSON
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"content": "Correct answer is: you are right it is volatile. What do you compare it to in order to determine its relative level? Gold? Stocks? Eggs prices?\n\nI’d just point them to 200 week moving average and show them that when you zoom out, the graph only goes in one direction. Everything else is noise.\n\nhttps://www.lookintobitcoin.com/charts/200-week-moving-average-heatmap/",
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