Long Log Lines the Lizard Overlords Like - BTC decision time
The long term channels have given us a crossroads and depending on the route BTC takes in the next few weeks, it will likely have a long term impact on BTC.
Going down through the bright red line could result in a pattern much like the Dotcom bubble which had an 80% drop.
Alternatively if BTC breaks up through the light green line before April, the bullish pattern could resume and we might see an all time high by June.
I'm expecting continued indecision for the next week or two before the market finally makes it's choice
Take this with a pinch of salt, if it all goes wrong it's not my fault :O)
LC
Going down through the bright red line could result in a pattern much like the Dotcom bubble which had an 80% drop.
Alternatively if BTC breaks up through the light green line before April, the bullish pattern could resume and we might see an all time high by June.
I'm expecting continued indecision for the next week or two before the market finally makes it's choice
Take this with a pinch of salt, if it all goes wrong it's not my fault :O)
LC