The growth phase of the price of BITTREX:DCRBTC has begun this year. This can be seen from the breakdown of the downtrend, as well as the phase of the fall and rise in the price of bitcoin. The estimated peak in the price of the rising phase is shown on the chart.
Will the price manage to reach the upper border of the rising channel this year?
Now a long-term downward trend. The price is still within this trend. Also below MA 200.
If the trend changes, then the price may rise significantly.
However, now on the chart we are observing the pattern of the descending triangle. When breaking through the base of a triangle
the price often drops to the height of the triangle.
I want to believe that we can...
If history repeats itself, then growth will begin at the end of this year. The growth target of 0.04 BTC is quite real. After halving, bitcoin will magnetize most of the investment, as it was in 2016. Notice how accelerated the decline of DCR in the last months of 2016. Perhaps this will happen again.