There is little doubt that Bitcoin Has created a Cup and Handle pattern but the real question is, Which do you believe is more accurate.
The LOGARITHMIC chart shown has a measured move to $128K in time ( by end of August if it follows the upper line of resistance since 2017)
The LINEAR chart however only goes to $42400 and probably within the next month or so
https://www.tradingview.com/x/03xGv3Hz/
For me, I am prone to follow the Linear chart for a number of reasons, the bigger of which is that it ties in with so many other ideas. Confluence is Vital
In time, we Will push higher but I find little to show a New ATH this year , Next year is the Key and 2025 also shows promise
Keeping it simple for now..
Stay safe
The LOGARITHMIC chart shown has a measured move to $128K in time ( by end of August if it follows the upper line of resistance since 2017)
The LINEAR chart however only goes to $42400 and probably within the next month or so
https://www.tradingview.com/x/03xGv3Hz/
For me, I am prone to follow the Linear chart for a number of reasons, the bigger of which is that it ties in with so many other ideas. Confluence is Vital
In time, we Will push higher but I find little to show a New ATH this year , Next year is the Key and 2025 also shows promise
Keeping it simple for now..
Stay safe
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.