Trend line is not broken if you consider wicks
Drawing trendlines can be tricky as some draw with bodies and other draw wicks. Since bitcoin is trading in 24 x 7 market considering wicks is important. If you look at this macro trend line well you will notice it was not broken. Unless this line is broken I am not terribly bullish on bitcoin.
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.