Looks like we are finally challenging the long term downtrend from 2018. As I see it, the longer we stay above ~$9625 the stronger a confirmation signal it is. BTC doesn't need to break upwards now to prove anything, in fact it would be better if it just holds support around this area. If it breaks upward too strong and gets rejected at 10k (again), it might send it crashing down again and with November being the US election anything can happen. Thoughts?
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.