Simple Bitcoin analysis (Long Term) Higher no matter what?

24 Mar

Let's keep things simple on a daily since the chart patterns seem to make the most sense here. As you can see when Bitcoin formed a double top on the daily it was all downhill from there. Now it is forming a cup and handle pattern on the daily time frame - So it will most likely just be massively up from here. Don't say I didn't warn you that the TA should be kept simple when trying to guess long-term moving averages. Pay attention to the support line I drew. BTC will never go below this line. If it does I will delete my account.

30 Mar

Catatan

Higher

8 Apr

Catatan

Although this idea states higher no matter what, keep in mind that it is on the daily chart and meant to be "big picture" in the long term. My grey line range even shows the possibility of going back down to 48k before breaking back to the upside. Either way it will be bullish and still play out the cup and handle pattern.

16 Apr

Catatan

If you plan to hold long term don't panic, 58k is the bottom but even black swan ww3 lower still means 200k is on the horizon - cup and handle.

22 Apr

Catatan

we might have already bottomed

1 Mei

Catatan

sike...

18 Mei

Catatan

keep an eye out

23 Mei

Catatan

still on track

4 Jun

Catatan

right on schedule

12 Jun

Catatan

Bitcoin is preparing to complete this pattern in the next coming months

16 Jun

Catatan

yummy

19 Jun

Catatan

higher

7 Jul

Catatan

on track

5 Agu

Catatan

maybe 35k is the lowest possible

29 Agu

Catatan

You guys miss me?

6 Sep

Catatan

Making a new chart today

11 Sep

Trading ditutup secara manual

recycling