Yesterday BTC touched the downtrend line 1 and retreated. Today the BTC tried to break this line but failed. Note that downtrend lines 1 and 2 form a downtrend channel.
From my point of view, a close above 12k is crucial to confirm the resumption of the uptrend.
From my point of view, a close above 12k is crucial to confirm the resumption of the uptrend.
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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.