Will we wick into the red zone?
This is my long term BLX chart. The basics are the curved logarithmic regression lines. Vertically the halvings are marked.
I haven't touched the full lines in quite a while, they seem to be holding up very well. Can you imagine someone trying to liquidate everyone up until 2x?
The red area looks the ultimate pain zone to me. Anyone else some thoughts on this chart and/or the red zone?
Greets,
enjoy your halloween!
This is my long term BLX chart. The basics are the curved logarithmic regression lines. Vertically the halvings are marked.
I haven't touched the full lines in quite a while, they seem to be holding up very well. Can you imagine someone trying to liquidate everyone up until 2x?
The red area looks the ultimate pain zone to me. Anyone else some thoughts on this chart and/or the red zone?
Greets,
enjoy your halloween!