AAAlex16

BTC/USD up-sloping consolidation (bullish)

Long
AAAlex16 Updated   
COINBASE:BTCUSD   Bitcoin
Up-sloping channel. 2 touches on top 4 on bottom. About 8 heartline touches. Confirmation low at the PCZ of the bullish harmonic (which also created a smaller bullish harmonic of its own). 20 Week moving average tested for the first time in many many months. In 2017 bull run the 20 week MA was basically the exact bottom of every major correction. When Bitcoin broke the 20 week it ushered in the bull market.
Comment:
When Bitcoin broke the 20 week it ushered in the bear* market.
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