Long Term Bitcoin Analysis
Bitcoin can be an opportunity..
The ones I've drawn in red show bitcoin's declines in previous bear seasons, and the ones I've drawn in blue show post-falls.
As you can see on the orange line, it worked as a support before, it only fell below that line once and then recovered and now it is under the support line today, I think it will collect it as soon as possible and will rise above this line.
Check it out:
This could be a buying opportunity.
Even if it falls to the 10-15k range in the short term, the direction it will go is clear as a result.
This is not investment advice.
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