Some of my ideas point to triangle #1, others to as low as triangle #4. I think the RSI will help in determining how low price will go.
Some analyst believe that the trendline #1 cannot be violated because it never has been violated. I believe that it should be violated so that price action fits the longterm logarithmic growth pattern that hasn't changed since the inception of bitcoin.
Some analyst believe that the trendline #1 cannot be violated because it never has been violated. I believe that it should be violated so that price action fits the longterm logarithmic growth pattern that hasn't changed since the inception of bitcoin.
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probable daily close under triangle number 1.
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now clearly in triangle #2, got support of the 200 weekly ema
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now got support from triangle #3.
