I think this is worth taking a look at. Bitcoin is a faster moving market than gold. Probally someone already published something similar but i haven't seen any.
Note the incredible similarity between history of gold from 1979-2004 and the last bubble of BTC early 2018. We almost had the same % correction than gold and it keep following the fractal. I believe...
Forget about the Hack, FUD and everything. With that oversold RSI and that bounce on the trend line, this is a good opportunity to go Long for your long term hodl'ing.
Just look at the chart. Isn't it sexy enough?? Waiting for a retest arround 13k sats when btc will hit arround 8800$ and i'll add a fat bag. Taking 75% of on the first Major resistance because i don't think we will get that good of a run like the good old times.
I'm not the best at TA , but i just don't understand in a bear market, people use uptrend channel trendline.... BTC will bounce between 6.7k to 6.2k. IF not, GG
Whales will have great time squeezing all the shorts.
Still bullish in the long run
