Please enjoy my mid term analysis for the potential paths of $BTC. I am a strong believer that patterns in nature repeat themselves even if market climate is different than it was for the 2014 crash.
We go through media trends of being berated with bad news then good news, it's polarizing. The last few days have been overwhelmingly bullish, which leads me to believe a shift is on the horizon. Currently I am leaning towards path (2), as it makes the most sense to me. It makes sense we will test our log bear trend line again, just like we did in 2014. A short term top at around $8,460 is my call. I hope I'm wrong.
If you find this analysis to be valuable, please throw me a like and a follow.
Stay safe out there.
-J
We go through media trends of being berated with bad news then good news, it's polarizing. The last few days have been overwhelmingly bullish, which leads me to believe a shift is on the horizon. Currently I am leaning towards path (2), as it makes the most sense to me. It makes sense we will test our log bear trend line again, just like we did in 2014. A short term top at around $8,460 is my call. I hope I'm wrong.
If you find this analysis to be valuable, please throw me a like and a follow.
Stay safe out there.
-J