BTCUSD Ascending channel continues...
The BTCUSD ascending channel trend continues. However, a new ascending channel seems to be forming with a gradual (less steep) climb.
The current trend began around Sept 15. Therefore, could this be the beginning of the end of the current trend? Fundamentally, Segwit2X is coming soon. My guess is current trend will continue until past the BTC SEGWIT2X upgrade as traders and investors may be looking forward to the free coins created by the upgrade.
Note: I am not an experienced trader. I am an investor learning TA. So take it easy on me.
The current trend began around Sept 15. Therefore, could this be the beginning of the end of the current trend? Fundamentally, Segwit2X is coming soon. My guess is current trend will continue until past the BTC SEGWIT2X upgrade as traders and investors may be looking forward to the free coins created by the upgrade.
Note: I am not an experienced trader. I am an investor learning TA. So take it easy on me.
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