Kingpersia

Long term upward trend of BITCOIN/USD

BITSTAMP:BTCUSD   Bitcoin
Logarithmic chart of bitcoin showing we might be close to the end of the downtrend. Please make sure to look at my previous BTC/USD chart with support and resistance lines for a clearer short term view. Support line is at about 6500 value.

Within the next few months we will be seing an uptrend happening for BTC/USD.

Good to remember that logarithmic charts are very good for LONG TERM charting as done here. Will give you a much clearer image to that we are still in an uptrend.

Cheers

//Kingpersia

Feel free to leave comments and questions if you have any!
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