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Simple Bitcoin analysis (Long Term) Higher no matter what?

Od RetiredNovice
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Let's keep things simple on a daily since the chart patterns seem to make the most sense here. As you can see when Bitcoin formed a double top on the daily it was all downhill from there. Now it is forming a cup and handle pattern on the daily time frame - So it will most likely just be massively up from here. Don't say I didn't warn you that the TA should be kept simple when trying to guess long-term moving averages. Pay attention to the support line I drew. BTC will never go below this line. If it does I will delete my account.
Uwaga
Higher
Uwaga
Although this idea states higher no matter what, keep in mind that it is on the daily chart and meant to be "big picture" in the long term. My grey line range even shows the possibility of going back down to 48k before breaking back to the upside. Either way it will be bullish and still play out the cup and handle pattern.
Uwaga
If you plan to hold long term don't panic, 58k is the bottom but even black swan ww3 lower still means 200k is on the horizon - cup and handle.
Uwaga
we might have already bottomed
Uwaga
sike...
Uwaga
keep an eye out
Uwaga
still on track
Uwaga
right on schedule
Uwaga
Bitcoin is preparing to complete this pattern in the next coming months
Uwaga
yummy
Uwaga
higher
Uwaga
on track
Uwaga
maybe 35k is the lowest possible
Uwaga
You guys miss me?
Uwaga
Making a new chart today
Zlecenie zamknięto ręcznie
recycling
Cup And HandleEconomic CyclesTrend Lines
RetiredNovice

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