This chart appears to show Bitcoin's historical price action with a curved trendline that suggests a possible logarithmic growth curve. The price is currently approaching the curve, which might indicate a potential resistance level.
If this plays out btc in the future could show diminishing returns
What we need to see is btc to break higher and for this not to be the top to relax the curve and allow room for another bull run to exceed its top this year
If this plays out btc in the future could show diminishing returns
What we need to see is btc to break higher and for this not to be the top to relax the curve and allow room for another bull run to exceed its top this year
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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.