short term are like 1-3 months so bearish. Long term is extremely bullish. The bullrun of 2017 will be nothing compared to the coming one.
Not all memelines are indicative. The one you posted could easily be broken and you'd just redraw it. Same can be with my TA. Nothing is set in stone. It's just theoretical outcomes based on past performance, patterns and volume spread analysis
Advice to Jow Forums
Parker Sanders
Connor Turner
BTC is money for the elite. They know this which is why they are trying to rent seek on the populous with lightning network.
Problem is the boomers behind BTC are too fat stupid and slow. NANO is coming. IOTA is coming. Truely deflationary, usable, conomies that are much better at storing value and will steal BTC's primary, only, use case.