Ok everyone in order to be at 100K in Aug 2021 we need to follow this channel. Originally I had it set to 240K but figured I would stick with a more realistic ish target. But If we trade aboce the channel for long periods of time (days), then dont be surprised at 200K
This I think would be a very HEALTHY trajectory for bitcoin and its hopefully continued bull run. I think that if we run up or fall down too fast it is VERY unhealthy and can contribute to ending the bull market and start the bear!
If you excuse the corona anomali you will see Bitcoin is currently in a ascending channel and a symetrical triangle while also trying to break resistance. We should see a break of resistance as well as the triangle in the coming days. After which a continuation higher should occur to push BTC out of the channel and back to 20k. We will most likely see a...
Just starting this new one no shorts included yrt hopefully it will drown out someof the losses.
Lots of work to do to this one still. Boxes are off candle because the are a very close estimate of loss/gain and actual timing