I know my charts aren't fancy. I don't like to draw fancy lines with different colors and overlay 200 indicators.
But this is a quick analysis of what I think is very probable now. Since most of the people are bearish now, I think a short squeeze up to the logarithmic resistance is pretty likely. Then the longer
triangle could play out. After that, we either resume the bulltrend to 100K, or we go into deeper bearmarket territory, with the lowest lows in 2019 at around 2K, with resuming the bulltrend at the halving 2020.
Be prepared either way :)
But this is a quick analysis of what I think is very probable now. Since most of the people are bearish now, I think a short squeeze up to the logarithmic resistance is pretty likely. Then the longer
triangle could play out. After that, we either resume the bulltrend to 100K, or we go into deeper bearmarket territory, with the lowest lows in 2019 at around 2K, with resuming the bulltrend at the halving 2020.
Be prepared either way :)