I'm assuming this trendline it bounced against today fails to hold. Looks like a standard 3 wave rally with a correction. My Youtube Video with BTC analysis: www.youtube.com 3,600 area would produce a sizeable bounce, I think. From there you got to watch it, either tanks again or rallies to retest highs, might break new highs if it rallies.
Total joke, but it sums up how crypto vertical trend-lines work.
Long-term, using weekly charts, I see a clear topping formation in Bitcoin. Seeing tops in the various charts, we can imagine a full, long-term multi month decline in crypto and consider the total downside in BTC. Then we can consider the total loss should we be wrong on the short position. That BTC breaks to new highs, and we are late to the game in a...
Analysis tool geared toward long-term stock market sell and buy points. Specifically aimed at market break-down, to predicting the end of a decline.