This cannot be broken if we are to remain bullish IMO!!! The good news is Bitcoin has shown lots of respect to this trendline all the way to the last cycle and was in it's blow off top during the time it spent there.
If you look closely it's the exact same cycle is playing out, it has only greatly lengthened in time.
Looking at this chart it looks like we over corrected with the corona dump which then caused us to over correct back on the up side so it has taken the market time to adjust.
I remain BULLISH!
Best wishes!
If you look closely it's the exact same cycle is playing out, it has only greatly lengthened in time.
Looking at this chart it looks like we over corrected with the corona dump which then caused us to over correct back on the up side so it has taken the market time to adjust.
I remain BULLISH!
Best wishes!
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Video analysis tiktok.com/@wearesat0sh1
Video analysis youtube.com/channel/UCReEfN4Czp4az1MvpkL47TQ
Related publications
Disclaimer
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Please follow me on more socials for further analysis
Video analysis tiktok.com/@wearesat0sh1
Video analysis youtube.com/channel/UCReEfN4Czp4az1MvpkL47TQ
Video analysis tiktok.com/@wearesat0sh1
Video analysis youtube.com/channel/UCReEfN4Czp4az1MvpkL47TQ
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.