I have seen a lot of people posting ideas about how we broke the major 
BTCUSD trendline on 1D chart, therefore we are in uptrend already. I am actually satisfied seeing the BTCUSD getting out of the long-therm bearish channel and that it broken the major upper trendline of the channel. However, there is still a supply zone ahead and I really want to see BTCUSD to get through it.
Also, Bitcoin needs to make a new higher high on 1D chart and I personally think it will be pretty hard. The volume needs to rise much more than it is now to cross previous lower high so we can just hope for now.
BTCUSD trendline on 1D chart, therefore we are in uptrend already. I am actually satisfied seeing the BTCUSD getting out of the long-therm bearish channel and that it broken the major upper trendline of the channel. However, there is still a supply zone ahead and I really want to see BTCUSD to get through it. Also, Bitcoin needs to make a new higher high on 1D chart and I personally think it will be pretty hard. The volume needs to rise much more than it is now to cross previous lower high so we can just hope for now.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.