I'm not a professional trader or investor but am am holding a few Bitcoin. Fascinated and hopeful / bullish, but realistic
Drawing this simple "movement channel average" window, it would appear that we are at the top of it or overpriced altogether, not taking in in any other factors such as Halvening, Yuan, Debt, recent moves in Gold, Silver etc.
I am a very cautious at his point.. it might appear that a reasonable, corrective drop back to $560-600-ish within this 10 month still-moving-up-channel-chart here may be upon us.
Drawing this simple "movement channel average" window, it would appear that we are at the top of it or overpriced altogether, not taking in in any other factors such as Halvening, Yuan, Debt, recent moves in Gold, Silver etc.
I am a very cautious at his point.. it might appear that a reasonable, corrective drop back to $560-600-ish within this 10 month still-moving-up-channel-chart here may be upon us.