BTC long term prediction #1
In this case scenario, we have just entered a long term raising channel. It should be quite strong, as it lasts for years. Take in mind, that chart is logorithmic.
1. If we are on ABC (blue lines) correction => we will go down till support line(blue rectangle)
2. If we are on ABCDE triangle, after hitting E point => bullish
3. If we are on uptrend flag (purple line) we go through green trend line and hit purple line => bearish to support ~10k line