BitcoinPanjang
BTC weekly chart with Linear Regression
I expect continued volatility. I don't trade BTC, but I have been accumulating crypto with monthly purchases.
This weekly charts slows things down a bit. Looks like BTC (might have) had an inverse move to the recent Nasdaq rally that started around May 11th.
I see no need to call it extended at current levels. Will wait for it to exceed the upper limit of this linear regression channel, or until the Williams %R hits -20.
See the price higher at year-end. Possibly 47,000 to mid 50,000 range.
BTC has recently digested a bunch of negative media coverage and China B/S over the past 10 weeks.
Note (this linear regression is ytd, with 1% std deviation)
This weekly charts slows things down a bit. Looks like BTC (might have) had an inverse move to the recent Nasdaq rally that started around May 11th.
I see no need to call it extended at current levels. Will wait for it to exceed the upper limit of this linear regression channel, or until the Williams %R hits -20.
See the price higher at year-end. Possibly 47,000 to mid 50,000 range.
BTC has recently digested a bunch of negative media coverage and China B/S over the past 10 weeks.
Note (this linear regression is ytd, with 1% std deviation)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.