@Weavs844, Okay I zoomed out to see what's going on here. My I ask why your purple line isn't drawn under the price action in 2017?
Weavs844
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@B166ERcrypto, cause I don't believe that line applies to the pattern I'm looking at. Not a huge of trendlines that go that far back. Purple line was more of guess... Wouldn't put too much thought into that line. Was more looking at the pattern of the drop.
B166ERcrypto
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@Weavs844, A trendline going that far back is very powerful. I don't know why anyone would discount a 10 year trend. Drawing a line underneath all of the price action is the most reliable and powerful trend in Bitcoin.
Triston27
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Made a clear bull flag inside of a bigger bull flag. 5k is a stretch.
ovvnyou
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@Triston27, Market makers love to surprise buttsecks.