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JordanLindsey
May 10, 2022 2:27 PM

Bitcoin $58,000+ Jan 2023 Long

Bitcoin Liquid IndexBrave New Coin

Description

Price spends majority of time above brightest yellow prime trend line.

Observe price climbs close to the line for a period of time before entering into the next bull run.

Trend lines appear more reliable when compared to 200 weekly ma for those waiting and watching for the touch.
Comments
lukebenson79
Bitcoin is beautiful. So is this chart! Great work Jordan.
-Luke aka Lucastos
JordanLindsey
@lukebenson79, thank you!
fzapatas
Gracias por compartir! tu trabajo es admirable ! saludos desde Chile !
chillcrypto
Your clarity and focus is always appreciated.

It will be interesting how long it takes to regain the trendline. Just eyeballing... 2.5 months in 2015, 1.5 months in 2020. We previously touched the 200wma as it was moving 'away' from the lower trendline and that would put us closer to 22k. Not sure we will get there, but I'm sure there are people looking to exit on a rally.

Personally, I started a 'set it and forget it' daily DCA to put some positive spin on all of this.
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