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sdmitrovic
Dec 7, 2021 1:39 PM

BTCUSDT - Keep it simple 

Bitcoin all time history indexINDEX

Description

This is not financial advice, do your own research.

Look at the Monthly instead of the weekly, 4hr etc and see the bigger picture.
The 50 EMA is acting as support trendline (red)
Ascending Triangle - Bullish
Oversold Stoch RSI - Bullish

In my opinion there will not be a parabolic scenario and we will go in a sideways uptrend until late 2022.

Comments
SimColm
If it still hasn't touched the trendline then that means more downside coming
sdmitrovic
@SimColm, correct.
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