BitcoinLong
BTCUSD - For now just optimistic of a recovery
It was in Oct, 2019 when I plotted the channel and major levels on this chart. For the most part, the channel has contained price but it has now broken out for the second time. A nice uptrend has been developing during the last 5 weeks but then again, that is exactly what happened in Dec 2019 too. Price just fell back rather impulsively before starting rising.
I am cautiously bullish again, looking at a daily close above 8,000 and then 10,000 to participate in this market.
I am cautiously bullish again, looking at a daily close above 8,000 and then 10,000 to participate in this market.
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