From my personal very short experience (comparing to some of you) and knowledge I got on my own, I say it's not a bull market unless BTC decisively close above that thick red line, retests it and goes back up.
Otherwise we are in for a ride along that thin blue line (very speculative).
(Thin black and blue lines are the Wolfe lines. 1-5 count is according to Wolfe).
Stay tuned, stay safe ;)
P.S. Check out my best charts attached down there.
P.P.S. Last year I went on a date with a guy, who said he got some info from some connected people, who said they would pump it one more time by June before really crashing it...who knows, may be that could be legit info...:)))
On the last note, I personally believe, that BTC will be retired at some point and followed by a new generation of crypto currency or the one, that has been an underdog for some time... (check the Phoenix story under my previous charts).
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.