More realistic 200d levels on radar
Bears failed to follow through. The formation is collecting bullish momentum for a move back to the mean on the LT chart
Taking a look at how often we retested the 200d moving average in this market since bubble high
What happened in the crypto markets the past few months
Resistance zone analysis We know based on SMA/EMA analysis that next target is in 4.5 area - based on that, next resistance levels could be at 7.5, 9.5-10
A look at the chart and typical resistance zones going forward
A clear pattern emerges when you draw a Gann box as outlined
Long-term trend analysis
Bitcoin does follow the technological growth curve of other technologies. It therefore has to be expected that growth will happen exponentially - think laterally and apply the concept of other growth curves instead of looking at the growth curve of Bitcoin in the past