Bitcoin is still respecting the real uptrend channel after breaking out of the recent downtrend from the much hyped parabolic move last December 2017. On the 1 day chart we can also see that bitcoin is riding the Elliot Wave finishing the formation of wave 2, on the long term projection of bitcoin wave 3 should reach it's heights before the year ends.
Hello friends, Bitcoin is still respecting the real uptrend channel as we see in the chart after breaking out of the downtrend channel from the hype that happend last year. And we can also clearly see that bitcoin is gearing up to ride the wave... the Elliott Wave.