I’ve been promising an update to the long-term BTC chart since my BTC post of 10 January. Here it is.
The last time that I did a proper long-term look at BTC was when I looked tried matching the Fib levels of the 2014 bear market with those of the 2018 bear market, about 2.5 months ago.
For what it’s worth i think that I did a fairly decent job in that post, concluding that:
– $6069 may be a realistic post-capitulation consolidation level .– $3230 is a possible bottom for the 2018 bear market.– $3206 is also a possible bottom for