Bitcoin remains bullish as long as it makes a higher low on longer time frames. Note the pink trend line that spans from the end of May 2017. Hold this trendline for "BTFD" - otherwise, "GTFO".
Comment:
This might not be the bounce you are looking for. Though it would become interesting if we climbed above the orange channel.
Comment:
As noted yesterday, it was not the bounce you were looking for. This here might be. For safety, buy above the orange line and set a close stop below pink. Short below pink.
