The last 7 days chart does not give any more indication on future price action than any isolated 7 days chart you can pick. It is alright to feel the price is gearing up for another pump based on a hunch, I think we can get over $100k before the end of this year off the momentum that has been built in the last month.
- Jay -
Anything can happen, but from what I can tell from the chart another large correction at this time is rather unlikely.
I think there is very little to take from the charts or historical data even. We do not normally get multiple all time highs just a few months after the halving. Bitcoin keeps us waiting for at least a year so with the current ride it is difficult to predict where we go next.- Jay -
LOL. I use simple technical analysis, no hunches or feelings involved. TA is based on statistics and probabilities, not certainties or feelings.
Sure a giant asteroid can hit the earth tomorrow and void my prediction, but that is not likely. Maybe nuclear war will break out between Israel and Iran,
maybe the sun will blow up tomorrow, or the zombie apocalypse will kill us all. If you want to live your life in such fear then you shouldn't be in bitcoin or any other kind of investment.
