Browse Stacks: Patterns: slopechart_$BTC.jpg

slopechart_$BTC.jpg

The King 

Crypto used to be the wild wild west. A couple steer got roped in 2017. By 2021, all manner of settlers had arrived. So delete all the kooky lines and let's slap some boring old bollinger bands on this guy. 

At his point opinions on the cryptosphere are so wild and varied across whatever news source I pick that I can't even listen to any of it anymore.  

For the moment I am having trouble coming up with any wildly bullish arguments. Purple channel is regression from 2022 lows to present. Mid at 58k, lower at 43k for the moment. High at 82k, should circumstances change drastically.

Image added via SlopeCharts
slopechart_$BTC.jpg

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