How a repeat of the 2017 breakout from the 2015 Channel = $350k
The long term $BTC channel from 2015 is in white.
In 2017 there was a breakout of 550%
In recent months Bitcoin has doubled twice, whilst remaining in the channel.
If Bitcoin has a breakout like 2017 it could reach $350k.
I learnt how to do trend lines by @BOOM360Trader.
I recommend doing his Elite Traders Course, it is full of value.
The Trend line is adapted from his content. The rest is me.
In 2017 there was a breakout of 550%
In recent months Bitcoin has doubled twice, whilst remaining in the channel.
If Bitcoin has a breakout like 2017 it could reach $350k.
I learnt how to do trend lines by @BOOM360Trader.
I recommend doing his Elite Traders Course, it is full of value.
The Trend line is adapted from his content. The rest is me.