The real BTC channel

18 oct 2021

BTC has run in a clear channel since at least 2015. The green channel shown represents the target channel for the natural growth rate of BTC. Every time it has left that channel and run in the red (to either side), it has been put back in its place. Consider the 2017-18 bull market. It is shown here that we did not experience a crypto winter as much as we went back to the natural growth rate after attempting to exceed it. We are again nearing a point where we will exit the channel to the upside, thus exceeding the natural growth rate of BTC. The '17-'18 market shows that it is possible to greatly exceed the natural channel, but that we WILL go back into the natural channel of BTC. For this run, I will be watching for BTC to reach the upside of the red channel. I will DCA out starting at the midway point of the upside channel and wait for the inevitable crash to buy back in.