mumator
Long

BTC long term still bullish.

BITFINEX:BTCUSD   Bitcoin / Dollar
2565 10 31
For investors rather than for traders. Why I think Bitcoin             is far from long term bearish . Year frame time.
Kommentar: so far so good...Gray channel still active.
Kommentar: update
Kommentar: We bounced from bottom of a grey channel so it makes this channels inactive...
We bounced from bottom of a grey channel so it makes this channels inactive...
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I find charts that show long term price extrapolation fascinating and this one is one of my favorites. Thank you for sharing it with us!
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Who deleted my message?
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mumator trevenger
@trevenger, I don't know...
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trevenger mumator
@mumator, thanks for graph, it works very good for me, today stock market in usa melted, this money will move to bitcoin? what do you think, is it possible?
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mumator trevenger
@trevenger, I'm supprised how good yellow,red and gray channels works! But I don't have crystal ball :) I wish I had .
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trevenger mumator
@mumator, thanks :) I hope downtrend is over...
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I did advise a lot of people that the correction was not over...
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Interesting chart. Eventually it should close to the red channel support and use it as reversal like it used to with the grey one.
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Very interesting chart! We are still in a relatively overbought zone. Would be cool if we follow the lines up! Lets see where we close end of 2018 ...
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