FieryTrading

🔥 Bitcoin Has More Room To Grow: Logarithmic Analysis

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BNC:BLX   Bitcoin Liquid Index
In my previous long term Bitcoin analysis I argued that we had much more room to grow, more than 50% actually. This post is to indicate that the current bull trend is far from over and that we, most likely, will have another couple of weeks of the current market.

Seeing this week's sharp increase, the following couple of weeks will most likely be bullish too until the price reaches the upper resistance on the chart. Around that area, be wary that the price might reverse and start a bearish trend. Do your own due diligence.

Happy trading!

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