|BLX -- USA Index|| |
7,962 177.16 2.28%
Bitcoin Liquid Index Trend Analysis
Use this graph to draw trend lines for Bitcoin Liquid Index. You can use it to identify possible trend reversals for Bitcoin Liquid as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Bitcoin Liquid price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Bitcoin Liquid Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Bitcoin Liquid Index applied against its price change over selected period. The best fit line has a slop of 150.01
which may suggest that Bitcoin Liquid Index market price will keep on failing further. It has 24 observation points and a regression sum of squares at 6435921.03, which is the sum of squared deviations for the predicted Bitcoin Liquid price change compared to its average price change.