The price action stalled for to long near $100k. Hindsight is always 20/20 but what's next is more important. I have no idea but this monthly chart suggests more pain to come. Bollinger bands and Keltner Channels are a great indicator of "return to norm" pricing.
If you are super smart and dollar cost average into Bitcoin, doesn't matter long-term...only exception is if we find out who Satoshi Nakamoto really is.
This is not financial advice. Simply my quick analyze of how the matrix seems to want to price Bitcoin. I buy whenever I have extra funds...end of story. Good luck
If you are super smart and dollar cost average into Bitcoin, doesn't matter long-term...only exception is if we find out who Satoshi Nakamoto really is.
This is not financial advice. Simply my quick analyze of how the matrix seems to want to price Bitcoin. I buy whenever I have extra funds...end of story. Good luck
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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.