I wrote a lengthy description but TradingView sucks ass and deleted it all so I will keep this short as my time is limited and I have to get going.
This is not financial advice and should be used for reference and educational purposes. Any whales out there or dudes looking to trade I would really appreciate it if you used my reference link, I have used every exchange over the years and FTX is the only one I consistently make money on and don't get fucked. ShitMex sucks compete ass and I can smell an exit scam coming on that one.
every time price exits the channel it is in a bubble and recorrects back into the channel. When it touches the very bottom of the channel it is time for liftoff.
price retests ATH at midpoint of channel
we touched the bottom of the channel and I can see a range playing out until end of year with ATH test in March-May 2021 with a break in June-August.
Good luck all, please don't view this as financial advice. It started as a trading log for me to review my progress as a trader.
코멘트
here is some more clarity. We are in the range of the December 2019 accumulation and to me I can see a retest of 8k for the halving rally, maybe all the way to $9200 to retest center of channel.
코멘트
it is pretty amazing how price follows the middle of this range. I think this is the fair value of bitcoin price and we should see price testing it soon, a rejecting and then it coming back and just riding that line like line rider (the old game we used to play in school in computer lab) all the way to test ATH in 2021. Then on to new highs. When we exit the channel I plan on starting to sell as we will be in a bubble, I will dollar cost sell just like I dollar cost accumulated.
코멘트
by middle of the range I mean the white dash line in the long term growth channel of bitcoin price.
it is honestly such a simple view and I do not think we see 1K bitcoin. Perhaps we would've seen such a price if circumstances were different in this world and fiat was not worth less than the toilet paper flying off the store shelves. LOL. 😂
I am really excited for the future of crypto and I think we all are on the verge of something absolutely HUGE here boys. Good luck to us all.