Turn the chart upside down and see if you are still bearish...

in bitcoin •  2 years ago 

Looking at the chart upside down makes it look not so bearish...

Bitcoin has broken the downtrend, or the inverted uptrend if you flip it upside down.

Check it out:

image.png

(Source:

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This chart would look it's ready to drop hard right?!

Which means it's ready to surge on the real chart.

I don't expect new highs any time soon, but I do think we have probably seen the lows and are ready for a significant bounce in the months to come.

Something like early 2019 seems very likely to me.

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