Many of you say 'to the moon', some say 'it will fall to 1k'. Here's my opinion about BTC and all the crypto.
There are many ways to draw a channel on BTCUSD log chart. I drew two channels just to show the difference: blue and black. The blue one has a huge potential to go very high, the black on the other hand - to go very low.
The moment Bitcoin was invented...
ADA as well as BTC is trying to test double bottom, and it is a great opportunity to grab some coins on the bottom.
1.278 USDT seems a good entry point with a stoploss a little below 0.786 fib.
Take profit at 1.69
The longest downtrend seems to be turning upwards, slowly forming a cup inside another cup will be managed to hit over $20k in the second part of May 2018, going up to $45k - $50k with significant correction down back to $23k.
In July 2018 news will massively 'bury' the bitcoin 1.36% once again, after what it goes up significantly making up to x5 from the lowest...