BTC Trend Lines

٢٠ يونيو ٢٠٢١

I think touching the first trend line is highly likely because of the H&S forming on the weekly chart. Touching the middle trend line can happen if we’re in a bear market (according to logarithmic regression chart, I believe we're in the beginning of the bear market). Touching the lowest trend line would be ideal and lovely for me because I can buy dirt cheap crypto, but I have no reason to believe that we will hit the lowest trend line and I see it as being extremely unlikely right now.
I’m not saying we won’t touch 45k-49K before the drop as the daily RSI seems to be forming an inverse H&S.