Upcoming ceilings/resistances for BTC
What is BTC going to do next you ask? Who knows, not I. But it isn't hard to see some support/resistances (depending on what side of the line we are) in the price area that we now reside in. Which at time of writing is approx $4444.20 USD. The solid and dotted white lines that you see are all horizontal lines that are come from time tested ceilings and bottoms. Down near the bottom of the chart there is a bold ascending red/orange line that is the very lowest trend line we have ever had which at our current date is approx $2000 USD. If we fall below that I don't really know what that would mean, It would be exciting to see no matter. However, we have a very long way to go before seeing prices that low. I wanted to publish this chart to help show people that there isn't anything to fear, BTC hasn't dipped unreasonably low. It all looks like natural healthy growth. Also near the bottom of the chart is a bold white dotted line that is also another possible bottom that is from the lowest low from January 2017.
Discern on your own, this is not financial advice.
Discern on your own, this is not financial advice.
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