BTC is struggling to get back into the Med term log trendlines
I believe log trend lines play in important role in crypto land.
The current despair to almost 3000 usd took place after breaking the purple long term log trend line.
Just as it has in 2014/2015.
We could need a double bottom just above 3000 to get back into the medium term channel.
But the outbreak and test of the short term channel looks good.
The current despair to almost 3000 usd took place after breaking the purple long term log trend line.
Just as it has in 2014/2015.
We could need a double bottom just above 3000 to get back into the medium term channel.
But the outbreak and test of the short term channel looks good.
