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...itcoin-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...itcoin-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
Kommentera:
in terms of the bullish scenario, the drop in 2013 was around 75%, in 2018 a similar drop would take BTC to ~$5,000
Kommentera:
if only you knew how bad things really are
if only you knew how bad things really are
Kommentera:
well, still waiting for a decision
