BTC and the one line to rule them all
You don't need 50 lines on your chart. Back out to a wider time frame and simplify for a clearer picture. It's much easier to trade short time frames, when you know where it might be headed on bigger time frames.
BTC monthly and the only trend line that matters now. A break here with a close above and 20k becomes very plausible.
Keep in mind BTC had sideways consolidation for 57+ days, just below 10k. A solid move up after that long consolidation is confirmation it was an accumulation period (and not a distribution period) where the big dogs were building positions. Things are looking up for Bitcoin . Very up.
BTC monthly and the only trend line that matters now. A break here with a close above and 20k becomes very plausible.
Keep in mind BTC had sideways consolidation for 57+ days, just below 10k. A solid move up after that long consolidation is confirmation it was an accumulation period (and not a distribution period) where the big dogs were building positions. Things are looking up for Bitcoin . Very up.
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