One of my first reflexes when I'm in doubt is always to zoom out. With Bitcoin's exponential growth it only makes sense to look at the price in log scale. When trying to draw channels, you'll find some strikingly consistent levels. Some of these channels go back as far as 2011. As you can see we are currently at a key juncture. Koba
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.