BTC channel from 2014 - today. Amazing confluence... !

Hi guys

I just cant help to be amazed about this.. Look at the perfect channel from late 2014-today.
Touching the bottom line, touching the top line, again and again, until it breaks thru, then retests the top of the channel and goes parabolic.
This illustrates clearly what a bubble is, and what sustainable growth looks like.

And would you look at this :
When we in november are entering the channel from above, it immideately collapses to the bottom of the channel. Amazing, right ?
Why didnt we all see this... I guess some of you shorters did :p


Zoom in in the chart... seriously. amazing, right ?
Zoom in on the last month or so... dancing its sexy dance just tappin softly on the bottom of the channel. Just dancin right off it. BTC is so sexy, it must be a girl

Will be interesting to see how this channel works out over the next years.

leave a like, if you like to

تعليق:

now we are nearing the top of the channel. Will be intersting to see if it bounces. Will be very interesting to see what happens if we actually breaks the channel upwards.

تعليق:

ok, so we broke the channel, a little retrace and a bounce on the channel.
This is super bullish, if top of channel holds

تعليق:

Still valid