the market remembers.
These previous price levels will determine where the market goes next. I do not see BTC hitting 100k this year, I could be wrong but lets see.
INDEX:
RED DOTTED TREND = HOW BITCOIN WAS SUPPOSED TO PERFORM
BLUE TREND = HOW BITCOIN COULD END-UP PERFORMING
BLACK TREND = HOW BITCOIN SHOULD PERFORM
MY TECHNICAL INSIGHT ON BITCOIN'S TWO WEEKS PERFORMANCE.
WHAT'S YOUR THOUGHT ON BITCOIN HENCEFORTH
A tendency indicates from 2007 that a wedge pattern is in formation
2007 THROUGH 2015
2015 THROUGH 2021
2021 THROUGH 2025
SHOULD THIS PATTERN PLAY OUT, COMPLETION IS EXPECTED BY 2025, WHILE THE CURRENT SHORT POSITION COULD HOLD FOR AT MOST TWO YEARS
DISCLAIMER: THIS IS AN OBJECTIVE PERSONAL IDEA NOT INTENDED AS AN INVESTMENT ADVICE