its amazing how many times ideas have been posted on trading view over the last 8 months with many different crypto ideas that all have a similar tone... "BUY UP, WE ARE AT THE BOTTOM!" "HERE WE GO, ITS BROKEN MY TREND LINE!" "HOLD ON TO YOUR SEATS!" "BITCOIN ETF ARE ABOUT TO BE APPROVED! BUY AS MUCH AS YOU CAN!" I will probably slaughtered by all the bitcoin fan base that only rely on fundamentals and believe technicals are a waste of time. but fuck it, here i go.
Bitcoin has moved to its lowest point in 2018, and although I believe as a long term goal it will test the highs of 2017, I don't believe it will be any time soon. As in probably 2020.
Anyway, I like to trade with a short term view based the current price and patterns I see. With that in mind, here is my view on BTC for the end of year. Obviously, it won't move in that exact pattern but something like it. I see a daily flag forming.
Bitcoin has moved to its lowest point in 2018, and although I believe as a long term goal it will test the highs of 2017, I don't believe it will be any time soon. As in probably 2020.
Anyway, I like to trade with a short term view based the current price and patterns I see. With that in mind, here is my view on BTC for the end of year. Obviously, it won't move in that exact pattern but something like it. I see a daily flag forming.