what if ... we are in this long term channel and after hitting the top trend line twice, we know exactly where it is, but we're still not really all that sure about the bottom ...
we started at the bottom obviously, but since then we've never been there again ... I'm afraid we're about to find out by getting dragged along the bottom for several years ...
to then finally go back to the middle and stay there; that's what a currency needs ... stability
we need to stay as close as possible to the middle trend line, that's what we need to make bitcoin the next world's reserve currency; long term stability !!
we're nowhere near that !!
we started at the bottom obviously, but since then we've never been there again ... I'm afraid we're about to find out by getting dragged along the bottom for several years ...
to then finally go back to the middle and stay there; that's what a currency needs ... stability
we need to stay as close as possible to the middle trend line, that's what we need to make bitcoin the next world's reserve currency; long term stability !!
we're nowhere near that !!
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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.