Coinsidering
Short

Which line is the better one?

BITSTAMP:BTCUSD   Bitcoin / Dollar
94 2 0
Maybe a last drop to paint a new line and shake off or profit from the weak hands, before we go up?
Macainian
2 years ago
Its impossible to even tell what they are based on.
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MoonTrader
2 years ago
Those both go through the middle of the price action seemingly randomly. I think the real trend line should be at the bottom of the uptrend before the 2013 Gox bubble and then measured against the bottom of the Silk Road crash before the China bubble. That puts the trend line right at about 555-560 right now. This trend line has also been tested by previous lows as well as the launching pad for our current bull trend.
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