Dr. Jeff on Nostr: I realize that 99.9% of people on #nostr hate anything and everything to do with ...
I realize that 99.9% of people on #nostr hate anything and everything to do with technical analysis--as they should--but I am utterly in love with this #bitcoin chart and the magical lines that I drew. 🧡
If I had to guess, (and I don't, but I will 😂 ), then I'd say that we're not entirely out of the woods yet, and a series of higher lows (approximated by the lower green line) is incoming over the ensuing days and weeks.
This would represent a show of technical strength over the medium term, and would provide a nice base for the (expected) strong bull run higher towards 2H 2025.
If I had to guess, (and I don't, but I will 😂 ), then I'd say that we're not entirely out of the woods yet, and a series of higher lows (approximated by the lower green line) is incoming over the ensuing days and weeks.
This would represent a show of technical strength over the medium term, and would provide a nice base for the (expected) strong bull run higher towards 2H 2025.