TradingView
JoshuaDoner
Apr 3, 2018 6:12 PM

Check your LOG charts, Retrace is indeed ~70% on BTC Long

Bitcoin / U.S. dollarBitstamp

Description

2018 Bottom is in on BTC and crypto. Fundamental support is stronger then ever as financial world embraces integration with crypto now.

LOG Chart view - not many look at the LOG view. It shows based on multiples that we really still could pull back further as the chart still appears extended. However I am net LONG as 70% retrace historically is enough AND fundamental Crypto adoption is accelerating.

Bitcoin FOMO will kick in back above 10k USD.
Comments
Vcblock
Please make proper resistance line.
JoshuaDoner
@Vcblock, thanks for your feedback, looking real ugly on second look!
More