As you can see the red trend lines are all parallel and touch many points along the price line. Does this indicate the true value increase of BTC over time (once you remove all the noise (peaks and troughs))? Horizontal lines obviously display horizontal resistance levels.
I used this to predict that the price had bottomed. I then used this method against the last bubble and it applied there too.
I used this to predict that the price had bottomed. I then used this method against the last bubble and it applied there too.