Bearish scenario on upper portion of chart, bullish scenario on lower portion
This is a logarithmic chart for BLX, Brave New Coin Liquid Index which can be read about here: bravenewcoin.com/api/bitcoin-liquid-index/
Bearish scenario: BTC continues drive towards long term orange trendline, finally bottoming out around $3,000 before slow steady increase over $10,000 in 2019 followed by bullish explosion in 2020/2021 with targets exceeding $300,000
Bullish scenario: 2018 has been a bear trap $20,000 to $6,000, and previous high ($20,000) was a bump before a run to 300% increase to $60,000, followed by retrace to the orange long term trend line
White verticals: halving (estimated)
Blue verticals: Fibonacci time sequence
Orange trend: long term log trendline
Green wave: sine line
This is a logarithmic chart for BLX, Brave New Coin Liquid Index which can be read about here: bravenewcoin.com/api/bitcoin-liquid-index/
Bearish scenario: BTC continues drive towards long term orange trendline, finally bottoming out around $3,000 before slow steady increase over $10,000 in 2019 followed by bullish explosion in 2020/2021 with targets exceeding $300,000
Bullish scenario: 2018 has been a bear trap $20,000 to $6,000, and previous high ($20,000) was a bump before a run to 300% increase to $60,000, followed by retrace to the orange long term trend line
White verticals: halving (estimated)
Blue verticals: Fibonacci time sequence
Orange trend: long term log trendline
Green wave: sine line
Not
in terms of the bullish scenario, the drop in 2013 was around 75%, in 2018 a similar drop would take BTC to ~$5,000Not
well, still waiting for a decisionFeragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.