A zoomed out chart of Bitcoin on the logarithmic chart

22 Oca 2020

By zooming out of the chart, you can see on the weekly chart that we have just started a new uptrend, which means the bottom is most likely set. Even if we fall back to the bottom of the trend it will only bring bitcoin back to about $7300. This is the perfect entry as bitcoin looks poised to hit $50,000 fairly soon! Good luck all!

PS- i am not a "moon boy".....but the chart doesn't lie!