The idea here is knowing when to sell some btc during a cycle and when to buy back in during a crash. The lines are really solid compared to social media hype and theory and go back to 2018.
If you're a holder like me then perhaps you sell off 10-20% based on this chart, only to buy it back lower during the crash.
These redlines are major resistance. If it touches these red lines in 2025 then sell some, maybe 10% on each line.
Then you'll buy back BTC with the same money at whatever the price is when the lower chart purple line hits the green lines; which is where the BTC crash will almost have bottomed.
If you're a holder like me then perhaps you sell off 10-20% based on this chart, only to buy it back lower during the crash.
These redlines are major resistance. If it touches these red lines in 2025 then sell some, maybe 10% on each line.
Then you'll buy back BTC with the same money at whatever the price is when the lower chart purple line hits the green lines; which is where the BTC crash will almost have bottomed.
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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.