BTC long term still bullish.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
2674 11
For investors rather than for traders. Why I think Bitcoin is far from long term bearish . Year frame time.
Comment: so far so good...Gray channel still active.
Comment: update
Comment: We bounced from bottom of a grey channel so it makes this channels inactive...
Down we go.....
We bounced from bottom of a grey channel so it makes this channels inactive...
I find charts that show long term price extrapolation fascinating and this one is one of my favorites. Thank you for sharing it with us!
+1 Reply
Who deleted my message?
mumator trevenger
@trevenger, I don't know...
trevenger mumator
@mumator, thanks for graph, it works very good for me, today stock market in usa melted, this money will move to bitcoin? what do you think, is it possible?
mumator trevenger
@trevenger, I'm supprised how good yellow,red and gray channels works! But I don't have crystal ball :) I wish I had .
trevenger mumator
@mumator, thanks :) I hope downtrend is over...
I did advise a lot of people that the correction was not over...
+1 Reply
Interesting chart. Eventually it should close to the red channel support and use it as reversal like it used to with the grey one.
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