BTC price review: can this SUPPORT trend hold?

in #bitcoin6 years ago (edited)

2018-04-10 (1).png
Bitcoin has found support on this ascending trendline several times already. The next few days are crucial. If this support holds and we can break through descending trendline 1, and eventually through 2, I would be 99% certain that the bear cycle is over. But whatever happens, always wait for confirmation if you are risk averse!

Me? I'm a long-term investor and believer in bitcoin. I think it's severely undervalued right now, so I keep dollar-cost averaging. Hopefully, this is the last "dip".

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