bellaly

SAY HELLO TO OUR NEW UPWARD CHANNEL!

Long
BYBIT:BTCUSD   None
We are in a Bullish channel!
After 6 MONTHS of an aggressive downward channel with a HARD sell off (which gave you the last chance to get a $6K level BTC - did you take some?)
We are now in a new bullish channel. And after we break out of this we go...PARABOLIC!

This is very similar to what we saw after the November sell off of 2018 and an upward channel, that broke out Parabolic and this will too.

This wouldn't be me unless I have you a date to go Parabolic.

20TH OF FEB 2020 ! We have until then before the next leg of the Bitcoin upward trend. Then we go Parabolic!
*Not financial advice, you do you :P

So it means I am expecting us to cool a little bit but to stay within this channel and I am anticipating that we STAY within the channel\
as we consolidate again watch the alts to rise as BTC consolidates!
and once we reach Feb 20 2020 BTC goes Parabolic, unless we break out before this date but it will be close to this date.

As for the Alts they continue to rise, WATCH FOR ETHEREUM, did you see ETC go nuts? Its the front runner for the bull run now.
ETHEREUM is about to do the same as ETC, it will be the most Bullish in the next 2 - 3 weeks.

We are in exciting times, but volatile times - trade safely out there!
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