coins2018

The truth about the BTC

BITFINEX:BTCUSD   Bitcoin
hi friends defenders of the BTC

the technology that many hate but all want to have;)

I show you this comparison to see the similarities with the correction of the 2013 rally, if you look at the charts well you will see that we are very close to the% of correction compared to 2014-15, where the BTC found its bottom right in the first resistance before starting your rally, BTC is now very close to that area and it is a very strong support for BTC to finally find its bottom and make a big bounce from there, It is possible that I will touch that area again in a few months to never come back there.
It is my very personal opinion. I do not think we're going to go down from that point. Please make your own conclusions. I found it important to show you these indicators that show a great similarity and see how the BTC behaves throughout its history.

Good luck!!!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.