BITCOIN- Why I remain Bullish
This is my updated Bitcoin chart.
Price is in the middle of the ascending channel (it has been in this fantastic channel for 2 months now).
As you can see I have drawn 4 occasions where the price did not need to check the support and every time it would rise from there. Again this time it looks like it is time to Buy again.
In the previous 3 times the rise was goodenough for a nice short term profit but the price got rejected at the resistance. The last time the price eneded up going sideways on the resistance before dropping...
This time things might be different. Let's see what happens next.
Price is in the middle of the ascending channel (it has been in this fantastic channel for 2 months now).
As you can see I have drawn 4 occasions where the price did not need to check the support and every time it would rise from there. Again this time it looks like it is time to Buy again.
In the previous 3 times the rise was goodenough for a nice short term profit but the price got rejected at the resistance. The last time the price eneded up going sideways on the resistance before dropping...
This time things might be different. Let's see what happens next.
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