This following arrow shows a important point, if the line holds we are oke for the bulls
The current channel gets respect from bitcoin ….a new point for a long position is at the line
If we hold the line the next target is 70K and will be easily reachable. For the long rund the trend is strong bullish
If we break the line the uptrend potential is hughe
Bitcoin long time trend (weekly candles) is still very bullish and touched the MA50 to stay in the uptrend.
Was this a false breakout, or is there a different channel to build ?
Next long position at the arrow
Intuition and lines combined with hope and faith, a few day's and we will see the bitcoin go for his next runner up !
If it holds the trend line the potential is hugh
Zoom out, Etherium could be on huge uptrend.....is you just use Week candles. People are in deep stress an will make wrong deciscions.
Looks like we will have a long periode of seeing lower high's and lower low's
ETherium is retracing to his new trendchannel parralel on the old
LONG FOR ETC IF THE RESISTANCE LINE IS BROKEN , POTENTIAL IS 200