Not looking good for BTC in the next 6 months
I think the bearish sentiment will continue at least until July. The log(BTC) price isn't a straight line. It kind of curves in sort of a cup or shallow parabola. I'm guessing it will be bearish for another 3-6 months. We should watch this curve for a while until the trend at this scale looks more horizontal. Hopefully, it will level out in July.
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.