*updated
+ Using monthly timescale, not weekly for clarity
+ Using the 7 and 50 MAs (moving averages). Why? Above the 7 has previously confirmed a bull run has began and the 50 has shown strong support in a bear market
Why did I make this?
I wanted to clearly display the data of the past and present bear markets and past bull runs and let the viewer draw their own conclusions and I was also tired of seeing so many ridiculous "hope charts" that are basically the current chart with an arrow pointing up at the end.
A few other thoughts:
Your hope will NOT make Bitcoin's price increase.
Any news will NOT make Bitcoin's price increase.
Fundamentals will NOT make Bitcoin's price increase.
If you see any mistakes or anything interesting you wish to discuss, fire away.
Thanks for viewing.
+ Using monthly timescale, not weekly for clarity
+ Using the 7 and 50 MAs (moving averages). Why? Above the 7 has previously confirmed a bull run has began and the 50 has shown strong support in a bear market
Why did I make this?
I wanted to clearly display the data of the past and present bear markets and past bull runs and let the viewer draw their own conclusions and I was also tired of seeing so many ridiculous "hope charts" that are basically the current chart with an arrow pointing up at the end.
A few other thoughts:
Your hope will NOT make Bitcoin's price increase.
Any news will NOT make Bitcoin's price increase.
Fundamentals will NOT make Bitcoin's price increase.
If you see any mistakes or anything interesting you wish to discuss, fire away.
Thanks for viewing.
Ghi chú
The above is the latest post regarding this chart, all updates will be posted there. Simply click on the chart to open post. Thanks.Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.

