jon.poseidon

BTC parabolic move with longterm uptrend channel target

Long
BITSTAMP:BTCUSD   Bitcoin
Question I was posing to myself: If BTC eventually blows off and pulls back to the long term uptrend channel, what price will that be at, and would we be better waiting for that retrace, or holding from here?

If you look at previous exit/re-entrance of the channel the result is rather shocking! Perhaps HODL and close eyes may be best move after all?!

Things get very odd when dealing with exponentials!

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