Bitcoin - The way out of here.

Pulling back and getting a sense of the rhythm of Bitcoin ( which is a bit like the rhythm of the group mind as it approaches something new and grapples with it, a push/pull between faith and fear ) Bitcoin/we ran with the idea in late 2017 and hit the wall, way too excited, we exhausted ourselves and retreated.

We're now below the historical averaged-out trendline of adoption / acceptance of this new idea and beginning to feel the pull again. The previous rise was still a reflection of the huge $20 000 impulse wave. But I feel this current rise is the first fresh positive impulse after the hurt. There will be withdrawal again, then another more confident push back up through that trend line, a quick restorative breath and then onwards and up for our next adventure above the trendline.

I'm putting this up here to refer back to later on.
Beyond Technical AnalysisBitcoin (Cryptocurrency)longsetuprecoveryTrend Analysis

Disclaimer