Bitcoin long term extremely bullish, short term little drop!As indicated in the chart - the steepness of the BTCUSD chart has increased (is increasing).
Therefore the trendline has changed from purple - to orange - to green.
Consequently Bitcoin will follow some pattern which is more likely to be close to the blue drawing.
I disagree with the general consensus here on tradingview which is represented by the black arrow pointing at the dotted black line (extension of the orange trend line).
My prediction is a short term retracement to the 7000/6900 level followed by a bullish run starting around mid/end september up to 30K at least.
This is no financial advice, just my humble opinion. Trade safe and the best of luck to you all !
