Bitcoin is forming a channel, if it breaks to the upside it could easily run up to $30,000 USD.
Bitcoin has had a 9 week run from $10,500 USD, straight up to $19,500 USD. The $19,500 USD is in its previous all time highs from December 2017.
This channel could easily be Bitcoin consolidating before making a break to the upside for its next big run.
Bitcoin...
This chart is a long term view showing Bitcoins price action and the triangle formed through this price action. I think we will continue to see consolidation within this triangle before we finally squeeze into a breakout. I expect Bitcoin will be bullish once it is done consolidation and squeezes its way up and out of this triangle pattern.
