Here's the global - main - trend of Bitcoin from the Bitstamp chart.
We see a channel forming here. Now Bitcoin is near the support zone. All the main details by my view are shown on the chart.
Still not all the details, not to make the chart messy.
Locally(from the perspective of the monthly chart) we see a down trendline forming here(orange). We can...
Long-term cycle analysis shows we are already past the end of an Appreciation Cycle Phase. This means the global markets are shifting into a Depreciation Cycle Phase (similar to the unraveling of credit/debt in 2006~09.
If you have not already prepared for this, you need to start thinking about what the next 5 to 7+ years are going to look like and how you need...