OKAY. Although I am currently studying for exams on monday - couldn't miss on this opportunity to post about this.
There has been a strong ascending trend-line in place since 2015 (Point A). The price has bounced off this line 5 times in the past 3 years. This is stronggg okay. I predict it will slowly climb above $5,000 and then drop down to $5,000, coinciding with launch of the bitcoin ETFs.
We can already see slight rejection of this line with a bullish pin-bar. "Buy when others are fearful"
GOOD LUCK!
There has been a strong ascending trend-line in place since 2015 (Point A). The price has bounced off this line 5 times in the past 3 years. This is stronggg okay. I predict it will slowly climb above $5,000 and then drop down to $5,000, coinciding with launch of the bitcoin ETFs.
We can already see slight rejection of this line with a bullish pin-bar. "Buy when others are fearful"
GOOD LUCK!
