BitcoinLong
BTCUSD still showing strength.
The technical evidence suggests this will continue to climb and gain on this large channel. Any downward trend that forms is easily broken and the time is near that it will potentially regain the original upward trend from before. If it does that then this will have even more strength than before since the trapped bears from below the trend line will be forced out causing the momentum to increase.
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.