Bitcoin Moving into April and Beyond
These log scale trend lines are actually in direct correlation with current market sentiment.
My chart shows that we could break up or down starting around April.
Short term, if we break below 8k, I think it's safe to say we'll see lows like we did in February.
Major resistance is still around that 11.5-11.8 mark.
Key factors here are obviously regulations from important countries like the US, China, Japan, Korea, Australia, etc. and also scalability.
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May be this chart is showing absolutely right, lets see what happens...
hopefully bitcoin as soon as it moves up.