BTFD
Fun with trend lines, time!
Here's a scenario that "could" play out, if BTC can't get legs. The bar overlay is from the last (2018-2019) horizontal price move along the top-side of a long-form downtrend. BTC to $5000? This would trigger bear market continuation through the end of 2020. Odds of this happening? I'm 50/50, but honestly - this is fortune-telling, all fortune telling is 50/50.
Here's a scenario that "could" play out, if BTC can't get legs. The bar overlay is from the last (2018-2019) horizontal price move along the top-side of a long-form downtrend. BTC to $5000? This would trigger bear market continuation through the end of 2020. Odds of this happening? I'm 50/50, but honestly - this is fortune-telling, all fortune telling is 50/50.
Penafian
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