shatzakis

Bitcoin long-term views, 100k in 2021 charted

Long
BITSTAMP:BTCUSD   Bitcoin
Looking at a longer term daily chart log scale, the price of bitcoin seems well within reach to hit a trajectory of up to $100k in 2021, provide it holds its current support lines and overcomes the resistance lines shown in the chart attached. Of course if bears come back lows could reach 7k but I doubt that will happen even with draconian regulatory changes, the bitcoin network seems resistant to any big brother.

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