notice BTC's 8 year uptrend (yellow) channel; how it interacts with the center and upper half of the channel; what happens when it breaks through the top of the channel (green arrows); how we've broken through the top of the pink downtrend channel and have already retested the top of the pink channel
You can see BTC is in an uptrend (yellow) channel going back to 2011. Notice how it bottomed and was supported by the bottom of the channel last Dec 2018. Notice what has happened when it breaks up into the top half of the channel, and then breaks above the top of the channel, marked with the green arrows. At the same time, BTC recently broke above the top of...