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veryevilone

Bitcoin 3day parabolic move with angle trendlines

Long
Bitcoin (BITSTAMP:BTCUSD)  
veryevilone Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Trend Lines
16
2
trendanalysis trendline
This chart is based on the idea bitcoin will keep going up at a steeper and steeper rate. If it ever dips below the trand angle, i would argue the parabolic move up is over and the time of breaking ATHs is over. After the ATH in end of 2013 Bitcoin entered a nearlt 24 month bear market, but time will tell if the coming bear market will be so bad. One thing is for sure, bit coin cant keep going up like this forever. Right? Right?
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Unfortunately tradingview screws up the trendlines for some reason. Here is a static image
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