jon.poseidon
Long

BTC parabolic move with longterm uptrend channel target

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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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!
All these charting tools is almost like reading a palm and one's fortune. Are any ever right? At this stage my eyes are closed and I am taking profit every 100% up, but a part of me now thinks I should just let it roll and see where it goes. Your $30K chart doesn't look like a dream anymore. Interesting though.
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Interesting Chart. Thanks for sharing
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jon.poseidon jesuskrypto
@jesuskrypto, You're welcome.
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