The 4-year upward log trend that was broken in March is currently being retested just as we have completed the 3rd halving.
A bearish confirmation could spell the end of the 10-year rally for
Bitcoin and take us back to test pre-2016 prices.
A bullish confirmation however, takes us back above the log trend and points towards continued exponential growth.
The rest of May will be a slow, but exciting battle.
Which direction will this Big Wave break?
~~~~~~~~~~~
RIDE ON TIME
~~~~~~~~~~~
A bearish confirmation could spell the end of the 10-year rally for
Bitcoin and take us back to test pre-2016 prices.A bullish confirmation however, takes us back above the log trend and points towards continued exponential growth.
The rest of May will be a slow, but exciting battle.
Which direction will this Big Wave break?
~~~~~~~~~~~
RIDE ON TIME
~~~~~~~~~~~
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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.
Related publications
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.