Bitcoins price support levels going forward
I've created a simple medium-term chart with just the indicators you need to see the signal in the noise and determine price levels where bitcoin may see support, going forward.
$74,381 #Power Law band immediately above current price and new ATH
$65,148 #Power Law band immediately below current price
$58,014 #Up-trend support line / retest / mean-revert level
$55,568 #Bottom of Buy/Sell order book and lower Power Law band
Hitting any of these lower price levels does not indicate a bear market and could be considered completely normal.
$74,381 #Power Law band immediately above current price and new ATH
$65,148 #Power Law band immediately below current price
$58,014 #Up-trend support line / retest / mean-revert level
$55,568 #Bottom of Buy/Sell order book and lower Power Law band
Hitting any of these lower price levels does not indicate a bear market and could be considered completely normal.
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