Strong bullish presence awaits :) Long till 48000
There is a strong reason to believe that BTC will hit the support line.
I would urge people not to jump on the bandwagon now, unless they're long term traders. (even though it broke out of the chart) Such a high volatility can't be predicted accurately, however I am convinced that it will pull back inside the yellow channel....
Purple line will be a more average rate of growth. Inaccurate for short term investors, accurate for long term investors (trend will stop in april-may). For day traders, stick to the yellow channel within the next 5 days, it will bounce between the lines a couple of times.
I base my long term crypto analysis on many criteria. (patterns are self fulfilling prophecy of traders and we should abolish it) 1. Quality of the distributive system (quality of the incentives and programs behind the currency) 2. Market cap 3. Supply 4. Total crypto market 5. Popular vote Cardano wins 1, 2, 3, and 4 so far. 5 will be soon. 1 because their...