Long term BTC chart: when resistance becomes support
Updated
This time a very simple chart, on the day timeframe. After the top of the 2017 bull run was broken at a price level of 20,000, we can clearly see that the next bull run has been kicked off. In my view a clear scenario of resistance becomes support. I therefore expect that the bottom for this bear market has been reached and I personally buy my long term bags here.
Note
I posted this chart a little over a year ago. As you can see, the idea turned out well and the buying points of a year ago were absolute bottom points. I expect an emerging bull run next year, I will post a new chart about this soon!Note
So, i called the bitcoin bottem. I will soon publish a bitcoin top prediction on my account! Make sure to follow me.
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