This is a reference chart of the longterm perspective for bitcoin that will be used in references for longterm views on bitcoin price to make medium term swing trade decisions. It encompasses the trend from 0.01 to the highs in 2013 and 2018. Even though the earliest price on this chart is 10$ the trend channel takes the first BTC price of 0.01 into consideration that is taken from BLX index. The red line in the middle is the channel median or average line even though it doesn't look like it because this chart doesn't show the price history before 10$. You can check out the previous idea made on BLX index linked below to see how this chart is used for price predictions.
