BTC - The Long Term Channel

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Just a big picture view of Bitcoin and what has happened historically. No price or date predictions, simply a likely trend. I'd expect us to grind back up to 20K in the channel and sometime afterwards we go parabolic again. Bitcoin is a naturally parabolic asset due to it's finite supply, global reach and the hype factor. This combined with all the infrastructure that is currently being built for crypto, I see no reason why this overall trend wouldn't continue.
That makes a lot of sense :o
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