conradkz

Bitcoin supporting an upward channel, lower trend line below

CRYPTOCAP:BTC   Market Cap BTC, $ (CALCULATED BY TRADINGVIEW)
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.

Comment: Obviously Elon Musk had other plans... I assume at this point, drinks are on Elon.
Comment: Interesting looking back. Highlighting what would become the supporting upper and lower trend lines.

Comments

A slightly different view, re-testing upward trend line. I drew out a horizontal line of near term resistance.

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