This trendline seems important to BTC

in GEMS4 years ago

Bitcoin sitting right on a major trendline over the last several years

Does bitcoin bounce here and honor the trendline or does it knife right through it?

The price has found support right around this trendline for a while now.

Sees:

(Source: https://twitter.com/alistairmilne/status/1308322685525602304/photo/1)

Now the question going forward is whether or not the price holds this line or knifes right through it.

I personally am thinking we are going to hold it.

I think we are going to get some stimulus out of nowhere and it will surprise stocks and bitcoin pushing the up.

It may come from the US or it may come from other countries.

We are already hearing rumblings of parts of Europe shutting down due to the virus...

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