.. so I've been watching and reading about btc technical analysis almost daily now, and I'm kind of sick of being in this current triangle. I've only been in btc since September so I really don't have that much history, but for those who have been in btc much longer - how much longer do you think it will take before btc goes back on the upward trend again? It just seems like a really long sideways movement.
On Dec 17th, it reached its high of $20k, and it has taken almost a month and we're still below those numbers. What is your estimate for when we can be above $20k again and onward to what people predict for this year ($50k-$100k)? Another month? March?
I know nobody knows for sure, but just looking to hear about what people's gut feel is (and only from those who have btc experience over a year please).
Thanks.
If you continue to bother with what price says every now and then, you might end up having high B.P because no matter the amount of analysis you watch or study, there is absolutely nothing you can do to move it from the current position as an individual rather I would advise if you want to hold, hold if you will sell then come back later when things stabilizes, there is a market for you any action you take, its all good.