Mr-TA

Bitcoin Trend as calculated through a Linear Regression

Long
Mr-TA Updated   
BITMEX:XBT   Bitcoin
Number probably go up now, if not number will go up around 7.5k/8ks. So, at most you may be risking a 20-30% draw down if you buy the dip now. So, that would be your risk, now how about reward? well, the sky is the limit when it comes to a hard capped sovereign, autonomous, censorship resistant, scarce Commodity with unique abilities pertaining to currencies, store of values and speculation. ( I know this shit is messy, but in terms of probability as defined by the bell curve in statistics, this trend regression can give us real odds of price reaching certain price ranges).
Comment:
Price Support for rebuying opportunity: $9,500 to $14,500. If we go lower, that will be the generational buying area.... don't forget to load up.

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