You're more than familiar with the 1H, 4H or 1Day patterns of BTCUSD but have a look at the MONTH chart in Log mode.
If we look into past bull/bear cycles, without taking any exponential growth/adoption in consideration, we can draw following conclusions:
- BTC can fall to $1500 and still be in a bullish channel
- BTC can find again resistance in 2022 at the price of about $180.000
Keep it simple & Happy trading:)
If we look into past bull/bear cycles, without taking any exponential growth/adoption in consideration, we can draw following conclusions:
- BTC can fall to $1500 and still be in a bullish channel
- BTC can find again resistance in 2022 at the price of about $180.000
Keep it simple & Happy trading:)