As these Logarithmic Regression lines converge where will bitcoin go? Will bitcoin become more stable over time? Will it breakout of this formation? Is bitcoins source code designed to make it more stable over time e.g. miner hashrate & halvings?
I believe bitcoin is bullish until interest rate pause or cut. It will come out of no where probably this year (2023) so be careful. Also in the coming weeks we could see more sideways (august). see structure of prebullmarket 2020 (bart) and consolidation
I believe bitcoin is bullish until interest rate pause or cut. It will come out of no where probably this year (2023) so be careful. Also in the coming weeks we could see more sideways (august). see structure of prebullmarket 2020 (bart) and consolidation
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.