I discovered some interesting relationships that can be drawn as lines onto the Bitcoin monthly chart. It appears there is a older larger uptrend channel , in which the price is still in (blue channel).
Here is a zoomed-in screenshot of this chart:
P.S. An older bullish chart I made 3 months ago:
Here is a zoomed-in screenshot of this chart:
P.S. An older bullish chart I made 3 months ago:
Ero23
What's your takeaway? The bottom is yet to be seen?
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ChartArt
Ero23
I posted this chart as neutral. The colored longest-term historic uptrend channel was re-established in November.
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