Trendlines *are* the most accurate indication of future price action, and this graph suggests the price will bottom at approximately $2000. Japan enforced on 7 exchanges and shuttered 2, leading to reduced price action..
Its shit bro, we left downtrend channel for a while, your chart look like we didn’t, educate yourself stop creating fud by wrong charts woth wrong trendlines
pawelchasikowski
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Why your “trendline” is missing second top ? Lol
cesoctavio
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Is not missing anything..... that’s a Log scale chart of BTCUSD. Which shows that we never broke the downtrend and it was rejected for a third time.
pawelchasikowski
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@cesoctavio, log scale doesn’t change anything this time, its some rule to miss second top on logscale lol ? Downtrend lind is going through all 3 first tops and it was broken
need2sleep
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@cesoctavio, I agree we are heading down low, not sure about 2k but new lows for sure. As an FYI, that is not a log scale chart. Log scale, however, does show that we in fact did not break out of the downtrend.