Have to get over these two trendlines to have a bright future - probably won't happen without a fight. BTC at a critical downtrend line as well at 8700
Note
broke cleanly above the major downtrend and looks solidly bullish to me - next up might be 4000 satoshi, roughly where the 200 day moving average isNote
BTCUSD however does not look strong at all, I think $6700 could be a targetNote
I should say longer term looks bullish, short term a pullback and perhaps retest of those trend lines is very possibleRelated publications
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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.