After being neutral in the blue channel, Bitcoin decided to break this neutral channel upwards, forming a pink incremental channel, and breaking the black arrow lines drawn from the highest and lowest points of the recent channel. Pink breaks and the two resistances 12029 and 12446 also break, and these reasons show that Bitcoin is bullish. On the other hand, the 9-day moving average indicator is 20-day moving average and the 50-day moving average is below this 9-day and 20-day moving average. It is predicted that by the end of 2020, the price of Bitcoin will break the channel channel of 14,000 thousand dollars