Looking at the short term is something we can get too tied up in and wanting the gains right now.
Every now and again you just need to pull up the logarithmic chart and sit back and relax.
If you're thinking investing long term this chart should definitely put your mind at ease.
This current pullback is a very very small red candle. Don't let this strike fear but let this remind you that times like these are great to start accumulating.
The white drawing isn't accurate but it's to display that after a breakout, BTC will look to accumulate on the trend line before moving to the upside.
I do expect a further pullback to $8800 or possibly even the lower $8000 range before the halvening, however I do believe by the later half of this year we're in for a great ride to the upside.
I do also believe we won't be seeing BTC at these prices again once we reach the end of this year. As 2021 is looking like it's set to be new ATH with institutional money flooding the markets.
My prediction for the full bull run to get into swing is sometime around July, for now I think we will see mini pumps and dumps + sideways trading.
I'm personally looking to buy at these levels 😊
Leave a comment/like and let me know what you think guys.
Every now and again you just need to pull up the logarithmic chart and sit back and relax.
If you're thinking investing long term this chart should definitely put your mind at ease.
This current pullback is a very very small red candle. Don't let this strike fear but let this remind you that times like these are great to start accumulating.
The white drawing isn't accurate but it's to display that after a breakout, BTC will look to accumulate on the trend line before moving to the upside.
I do expect a further pullback to $8800 or possibly even the lower $8000 range before the halvening, however I do believe by the later half of this year we're in for a great ride to the upside.
I do also believe we won't be seeing BTC at these prices again once we reach the end of this year. As 2021 is looking like it's set to be new ATH with institutional money flooding the markets.
My prediction for the full bull run to get into swing is sometime around July, for now I think we will see mini pumps and dumps + sideways trading.
I'm personally looking to buy at these levels 😊
Leave a comment/like and let me know what you think guys.
