Going back to the weekly log chart of BTC gives us some perspective and hope for this market. You can see on the weekly chart that it looks as if Bitcoin is in a bull flag formation which is bullish. As the flag is drawn it may not break out until April or May. That is good and bad. If true we have some more big down days to deal with. The good is we have a chance to load up on some bargains as time progresses. Also keep in mind that markets do reverse for long periods of time and technical analysis takes second row seat to fundamental FUD news. The banksters could still kill this golden goose if they feel they can not take control of it in the future.
This is not investment advice. I am not a professional investment advisor.
I am just getting started on steemit and can use your encouragment and comments.
