In these similar trends from the past, with equal distances, these vertical lines are based on the idea of Hawking (if I remember correctly, the name escapes me). But look at the chart, I've drawn boxes that indicate this. In these time frames, we observe both significant growth and sharp declines until the last arrow tip. If you notice, there’s growth and then it gradually slows down. My own weekly plan is to buy around levels 71, 70, and 69, but in the future, Bitcoin is likely to reach above 200,000
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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.