When in doubt, zoom out by jondoe

hive-167922 · @jondoe · Oct 25 '20

$4.67

When in doubt, zoom out

# Some are saying Bitcoin looks toppy, but if you zoom out, not so much

After the roughly 20% rally in the last couple weeks some are saying bitcoin is due for a breather.

Let me be clear that I am not one of those people.

Even looking at a daily or hourly chart I think we still have a lot of room left to the upside before things will look overbought.

That being, there are still some saying as much and to them I say, just zoom out a bit.

The 2 month chart looks absolutely incredible:

![image.png](https://i.imgur.com/xwjlOqn.png)

(Source: https://twitter.com/MacroCRG/status/1320099755960246272/photo/1)

We have higher lows the entire time and we have the price breaking the previous lower highs.

It looks very much like an ascending triangle and we are starting to push trough the topside of that triangle, which would around $14k-$15k.

From there we have the all time highs in sight and probably push a lot higher than that.

It's a really great chart setup that looks like it's just getting going to me.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/hive-167922/@jondoe/when-in-doubt-zoom-out-5ekccv)

👍 jrcornel, neoxian, leo.voter, brian.rrr, bigram13, redes, asa-raw, ctime, julialee66, created, tipu, planter, livingfree, khaleelkazi, preparedwombat, ezzy, empoderat, quochuy, visionaer3003, dagobert007, emrebeyler, dcityrewards, someguy123, jondoe, hatschi0773, gerber, accelerator, alphacore, duckmast3r, roleerob, warnas, dlike, solominer, pixelfan, chucknun, bastter, steem.leo, leofinance, mcoinz79, nealmcspadden, steem.services, futuremind, recoveryinc, mice-k, felander, reazuliqbal, hivecur, sayee, miketr, ifeoluwa88, babytarazkp, engrsayful, privex, gadrian, jesusjacr, kryptogames, tariqul.bibm, apoloo1, pataty69, snoochieboochies, merlin7, beta500, yameen, mfblack, and 76 others

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properties (23)vote details (140)

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ezzy	200,566,986,976	3%
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livingfree	276,232,071,378	4%
miketr	8,167,240,511	5%
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someguy123	71,744,619,976	3%
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redes	1,377,326,498,322	21%
created	669,251,249,034	4%
privex	5,699,647,959	6%
preparedwombat	202,278,327,718	23%
planter	369,512,145,841	100%
thatsweeneyguy	1,241,802,274	5.5%
bigram13	1,558,855,866,930	100%
flauwy	1,700,641,742	1%
alphacore	52,845,481,798	2.7%
brian.rrr	1,828,572,640,227	100%
duckmast3r	48,111,709,369	100%
apoloo1	4,830,522,379	20%
mcoinz79	19,764,446,561	1%
shitsignals	1,231,323,123	3%
pixelfan	33,696,031,722	5.5%
khalil319	1,005,967,532	25%
schubes	23,187,519	10%
felander	14,541,538,656	3%
tipu	404,678,314,614	1%
accelerator	53,696,382,489	5%
aamirijaz	1,416,439,990	11.5%
yogacoach	2,683,241,507	3%
roleerob	39,230,813,912	5.5%
sayee	11,632,877,878	11.5%
jondoe	64,074,757,392	100%
khaleelkazi	254,245,168,417	50%
pataty69	4,172,446,489	10%
mtl1979	2,269,027,818	50%
emrebeyler	82,450,072,256	3%
kaniz	1,353,294,492	50%
joedukeg	1,233,906,416	25%
jesusjacr	5,418,110,038	2%
nealmcspadden	18,238,969,103	3%
warnas	38,224,869,062	10%
futuremind	17,199,274,152	36%
investyourvote	2,025,327,320	6%
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reazuliqbal	12,700,372,479	3%
bestboom	1,381,073,391	3%
stmdev	401,246,691	10%
paragism	1,462,321,875	3.3%
yameen	3,350,215,023	1%
gadrian	5,592,070,716	3.52%
quochuy	123,407,421,870	7.53%
julialee66	698,256,709,717	5.5%
hesaid	788,557,342	80%
break-out-trader	1,341,067,069	11%
solominer	33,917,912,228	1%
jancharlest	545,904,794	1%
steem.services	17,877,773,075	0.75%
ifeoluwa88	8,043,889,681	23%
swisswitness	1,773,882,111	3%
suonghuynh	417,667,094	6%
jk6276	0	1%
dlike	34,983,722,842	3%
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ctime	779,452,362,818	5%
limka	0	5%
kharma.scribbles	1,819,509,677	46%
pedrobrito2004	684,515,965	1%
kryptogames	5,406,744,811	1%
engrsayful	6,099,655,273	5.5%
mfblack	3,143,596,007	2.85%
coredump	68,338,405	10%
bigmoneyman	906,462,771	50%
dtrade	634,724,351	25%
threejay	822,093,817	1.5%
bastter	31,305,222,300	35%
haxxdump	46,648,440	5%
travelwritemoney	3,008,053,578	11%
shimozurdo	1,744,732,310	3%
milu-the-dog	1,299,805,358	3%
steem.leo	30,083,911,509	3%
abh12345.leo	115,346,557	11%
leo.voter	2,863,565,668,137	11%
leo.curator	1,395,494,951	40%
empoderat	141,865,993,526	11%
vxc.leo	0	3.75%
babytarazkp	6,214,703,221	100%
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botante	1,852,522,224	0.75%
beta500	3,426,938,182	3%
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spinvest-leo	357,797,748	5%
astraeas	529,021,338	50%
akpofure	228,612,595	50%
chloem	530,724,559	50%
leotrail	535,585,855	49.75%
tonimontana.leo	550,222,705	6.43%
tonimontana.neo	0	1.13%
gerbo	0	3%
javb	464,304,436	20%
snoochieboochies	3,836,639,871	5.5%
sumatranate.leo	2,458,515,711	75%
pjansen.leo	40,191,977	50%
spinvest-neo	788,231,819	11.5%
tariqul.bibm	4,910,631,454	12.5%
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beerlotto	909,345,424	50%
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hiveyoda	2,342,803,534	4%
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dcityrewards	77,015,993,504	3%
mami.sheh7	591,773,460	11.5%
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hivecur	12,694,681,475	3%
asa-raw	787,339,115,432	20%
hatschi0773	60,065,976,612	2.44%
recoveryinc	16,852,276,186	0.5%
dying	934,638,888	1%
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chucknun	32,066,075,022	11%
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boneym	639,934,062	3%
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midtrain	902,761,167	50%
starle	927,377,157	50%
thorc	918,811,917	50%