A zoomed out chart of Bitcoin on the logarithmic chart

22 thg 1, 2020

By zooming out of the chart, you can see on the weekly chart that we have just started a new uptrend, which means the bottom is most likely set. Even if we fall back to the bottom of the trend it will only bring bitcoin back to about $7300. This is the perfect entry as bitcoin looks poised to hit $50,000 fairly soon! Good luck all!

PS- i am not a "moon boy".....but the chart doesn't lie!