Hello traders,
I share here with you my simple BTC analysis on the LOG chart.
As you can see in the chart, the optimal buy for BTC in 2015 was when price retested the broken trendline.
Now in 2019 we have broken the descending trendline and im waiting for price to fall to around 3500 for my biggest long position.
Overall BTC is still bearish but finally we can see some volume in the markets and some bullish price action, however this doesnt mean bull market has started.
What is your opinion on BTC?
When are you buying?
If you agree or not with my analysis, let me know in the comments below!
Rodrigo
I share here with you my simple BTC analysis on the LOG chart.
As you can see in the chart, the optimal buy for BTC in 2015 was when price retested the broken trendline.
Now in 2019 we have broken the descending trendline and im waiting for price to fall to around 3500 for my biggest long position.
Overall BTC is still bearish but finally we can see some volume in the markets and some bullish price action, however this doesnt mean bull market has started.
What is your opinion on BTC?
When are you buying?
If you agree or not with my analysis, let me know in the comments below!
Rodrigo