BTC - (M) from genesis to now
Updated
Still do no how to connect this targets. I assume the 2017 would go first disturbed by the genesis trend and 2014 run. which one is stronger? and de sequence of targets ? Can't figure it out. The Lark Laguerre RSI is topping (reset needed), Heatmap is not giving any reversal sign yet. 2017 run is squeezed (bounce) maybe we go top of 2014 trend at 10,5-11,5k (it's not resolved yet) first and then 4k- ish. If we go down now i assume it would give us a long winter.
How to connect this targets ? That's the second half of my homework.
maybe something like this would do?
I'm still puzzled about 1.2 k level we never checked (cleared) - maybe later.
How to connect this targets ? That's the second half of my homework.
maybe something like this would do?
I'm still puzzled about 1.2 k level we never checked (cleared) - maybe later.
Note
Note
naive long term thinking - exploring ideas about BTC price action.We are on the mid line of BTC lifetime regression trend - its why my assumption would be: we bounce short term up to mid line of 2017 bull run regression channel.
touching this however strong resistance should face strong rejection and we probably could end up testing bottom of the main long term channel. Rest is just pure futuristic fantasy (if not all together) :)
Note
crossroads for btc and my preferred projection we are in the middle of longterm channel and on top of the mid term (from 1014) against us short-term descending channel - my bet we going quickly up then maybe again down to test longterm channel again
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