Bitcoin: range-bound for a while?

2023년 2월 2일

My current view on Bitcoin to check later: still in limbo for a while?
As it looks, it could continue to trade range-bound between the very long-term red and green trendlines for a while.
It may end up sliding down along the dashed blue medium-term resistance line.

2023년 2월 2일

노트

This is how the trend line currently looks, interpolated to here and now

2023년 2월 2일

노트

And you need to keep something in mind. If something is a "trend line", the current price will oscillate around it, sometimes up, sometimes down. That is the definition of a "trend line".