doctorfibonnaci

Long term Bitcoin Trend line

COINBASE:BTCUSD   Bitcoin
This is the weekly chart on a log scale. There is a beautiful tendency for the price to eventually revert to this multi-year trend line. When is a good time to buy in? When you are at or below the trend line. It takes patience, but why pay more when you see the trend so clearly?

Importantly, bitcoin traded down will all assets in the Covid Crash, trading below the trend line. If there is a major market correction, when there is blood in the streets, that is the time to buy... when it makes you nauseous to pull the trigger because it looks like it's going to sh*t..

Happy trading!
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.