CAUTION: This analysis is using log scale on weekly chart.
Using log scale on Bitcoin, this analysis seems make more sense. Bitcoin are still on an uptrend.
By the end of this year, it may possibly reach near $50K.
Although the pink line is not a trend line, but it has been touched more than 5 times since August 2012. Therefore, it cannot be ignored.
Please read carefully different experts who have share their experience and comments on the trading psychology page before you trade. www.tradingview.com/...s/tradingpsychology/
You can be a millionaire very easy and you can also go broke very easy if your mindset hasn't been tuned correctly.
All the best!
Using log scale on Bitcoin, this analysis seems make more sense. Bitcoin are still on an uptrend.
By the end of this year, it may possibly reach near $50K.
Although the pink line is not a trend line, but it has been touched more than 5 times since August 2012. Therefore, it cannot be ignored.
Please read carefully different experts who have share their experience and comments on the trading psychology page before you trade. www.tradingview.com/...s/tradingpsychology/
You can be a millionaire very easy and you can also go broke very easy if your mindset hasn't been tuned correctly.
All the best!
