Just a rough chart for reminding people out there that this is a squaring of time and price.
No matter how you look at it.. what day you use..jan 9 2009-nov 18, 2018 or..roughly .. mid november-ish bitcoin dropped to ABOUT $3600 after ABOUT 3600 days.
Also a good time for a trend reversal
(but which way have we really been moving over this long of a range? Be careful buying keep leverage low)
Furthermore.. remember the bottom is always a range not one number!
No matter how you look at it.. what day you use..jan 9 2009-nov 18, 2018 or..roughly .. mid november-ish bitcoin dropped to ABOUT $3600 after ABOUT 3600 days.
Also a good time for a trend reversal
(but which way have we really been moving over this long of a range? Be careful buying keep leverage low)
Furthermore.. remember the bottom is always a range not one number!
Kommentera:
Certainly a bottom for the time being. I anticipate a pullback for another major bottom March -may 2020 sometime this year, see my related ideas for an update on that.
