This is an old bitcoin analysis..
Just easy lines, and drawn on assumptions over basic resistence and support levels.
Thought it would be interesting because it held up pretty well.
I would say even the lines on the lower levels, seems to be realistic downfalls to hit in this bearmarket.
Bitcoin is set to boom in the future, but for now, the tech isn´t ready. The good thing is that in january 2017, the hype caught up on bitcoin.
It´s now planted in the heads of most peoples minds. So when the tech has matured and have become absolute userfreindly, bitcoin will sky rocket.
In my opinion we have some years to come yet. Github gives a good meassure on that.
Just easy lines, and drawn on assumptions over basic resistence and support levels.
Thought it would be interesting because it held up pretty well.
I would say even the lines on the lower levels, seems to be realistic downfalls to hit in this bearmarket.
Bitcoin is set to boom in the future, but for now, the tech isn´t ready. The good thing is that in january 2017, the hype caught up on bitcoin.
It´s now planted in the heads of most peoples minds. So when the tech has matured and have become absolute userfreindly, bitcoin will sky rocket.
In my opinion we have some years to come yet. Github gives a good meassure on that.