The long term 
BTC channel from 2015 is in white.
In 2017 there was a breakout of 550%
In recent months Bitcoin has doubled twice, whilst remaining in the channel.
If Bitcoin has a breakout like 2017 it could reach $350k.
I learnt how to do trend lines by @BOOM360Trader.
I recommend doing his Elite Traders Course, it is full of value.
The Trend line is adapted from his content. The rest is me.
BTC channel from 2015 is in white.In 2017 there was a breakout of 550%
In recent months Bitcoin has doubled twice, whilst remaining in the channel.
If Bitcoin has a breakout like 2017 it could reach $350k.
I learnt how to do trend lines by @BOOM360Trader.
I recommend doing his Elite Traders Course, it is full of value.
The Trend line is adapted from his content. The rest is me.
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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.
Disclaimer
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.