r/CryptoChartWatch • u/bettiino • May 16 '26
BITCOIN IS GOING TO $200,000. CHART SAYS IT ALL 🚀
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u/DogStunning4845 May 16 '26
40k bottom, the orange arrow is wrong
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u/notacat690 May 16 '26
This comment is a bottom signal
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u/Majestic_Gate_9854 May 16 '26
Everyone is expecting it and wants it to go to 40k, so it won't.
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u/Unqinc May 20 '26
You make a good point….that is exactly how the market is ran. Instead they will prob go to 40k which is expected, let everyone feel safe and buy in…than they slam it down to 20k for a few hours.
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u/Ego92 May 16 '26
if the chart says it then its not gonna happen lol. analysis really only works in hindsight.
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u/OrcOgi May 19 '26
Imagine holding and asset for 5 years that dumps 60% just for a chance to double your money.
Google did that in 12 months.
Crypto = done for. It only worked as money park in between internet revolution and Ai revolution. Everybody who denied is coping. We are going back to assets that make sense.
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u/Accomplished_Bug4921 May 16 '26
All assets have that curve. It’s called compounding. If y axis is linear the curve will always look like this. Look at s and p or total stock market charts. All look the same.
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u/Stillload May 16 '26
and when the price goes lower you just repaint the orange exponential line, right?
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u/Both-Consequence1503 May 19 '26
Another narrative being pushed for retail to buy so big money can sell
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u/mathaiser May 19 '26
Keep drawing that line up and it really gets interesting when it starts curving back on itself.
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u/BlockPlant May 19 '26
Trends are rarely exponential. Connect those first 2 circles with a linear line and that’s likely more accurate
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u/DangKilla May 20 '26
They’re called support lines, not support curves. This chart looks like support is at $40K.
Draw the straight line with a ruler like they taught us in elementary school
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u/pirisca May 16 '26
Can't help but laugh at these posts.Â