Here is the absolute best scenario I can see for BTC based on the trend and these curved lines created by using past tops.
If you want less optimistic scenarios, use the other curved lines, not the red one. So, I am ready for Bitty at 1 million, wont surprise me. As long as we defend the 200 weekly moving average here, we are golden and ready for the flight.
Good luck to all, if we fail, btc could plunge for the first time in history which might lead to its so called death. But for now nothing to suggest that, except that we have been lurking for 8 weeks inbetween the 233 and 200ma weekly. The trend, represented by the straight blue line, is clearly extremely bullish.
Regards
If you want less optimistic scenarios, use the other curved lines, not the red one. So, I am ready for Bitty at 1 million, wont surprise me. As long as we defend the 200 weekly moving average here, we are golden and ready for the flight.
Good luck to all, if we fail, btc could plunge for the first time in history which might lead to its so called death. But for now nothing to suggest that, except that we have been lurking for 8 weeks inbetween the 233 and 200ma weekly. The trend, represented by the straight blue line, is clearly extremely bullish.
Regards