Does this mean double the fun?
Looks like we're not done yet
Everything else is jumping the gate, here we go to the next checkpoint!!!!
Picture says 1,000 words. Lets see how the risk tolerance plays out.
All I did was change the scale from linear (right) to logarithmic (left). I see one saying $40-42 and the other saying $20-24. Perspective is everything.
Why is the news telling us the stock market decline is a reaction to rising risk of inflation? If this is the case, why is bitcoin going down too? Are people moving into gold to protect against this inflation? How is this fear of inflation causing the US Dollar to go up in value? I don't know... Where do you hide when the bubble pops?
I am long, but keeping this in the back of my mind. Testing the bottom of the channel would be healthier for the long term trend upwards.
Price will probably fall to the bottom of the channel as the dollar and bitcoin are falling. Then continue on upwards!