I know there are more sophisticated forecasts but I always believe in the simple. For now Bitcoin is supporting an upward channel but a lower upward trend line remains below as a 'worst case' pullback. Let's see.
Note
Obviously Elon Musk had other plans... I assume at this point, drinks are on Elon.Note
Interesting looking back. Highlighting what would become the supporting upper and lower trend lines.
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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.