Check this logarithmic monthly view for BTCUSD.
2013
Peak: 1100$
Correction middle of this channel: 300-400$
Bottom: 150-200$
2017
Peak: 19.200$
Correction middle of this channel: 6200$ (monthly EMA 50, 200, and bollinger too there)
Bottom: 3800$
2021 (2022?)
Peak: 100.000$ ?
Correction middle of this channel: 44.000$ ?
Bottom of the channel approx...: 30.000$ ?
Correction cycles around 600-800 days...
Giants like TSLA, JP, Goldman, etc... will make the 20.000$ breakout (2020) as the new 1200$ breakout? (2017) We will never see again that lows???
2013
Peak: 1100$
Correction middle of this channel: 300-400$
Bottom: 150-200$
2017
Peak: 19.200$
Correction middle of this channel: 6200$ (monthly EMA 50, 200, and bollinger too there)
Bottom: 3800$
2021 (2022?)
Peak: 100.000$ ?
Correction middle of this channel: 44.000$ ?
Bottom of the channel approx...: 30.000$ ?
Correction cycles around 600-800 days...
Giants like TSLA, JP, Goldman, etc... will make the 20.000$ breakout (2020) as the new 1200$ breakout? (2017) We will never see again that lows???
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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.
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.