Some posts are saying BTC
is about to break the one year trend line
which is true if you draw it at the close of the candle. As you can see here if you connect it by the wicks it remains around 7400. My previous post predicts a double inverse head and shoulders
which if correct has the possibility of dipping down to the trend line
which would then finish the wedge
breaking the downtrend from 20k in the clear for an all time high.
in which case we would go sub 7k breaking the trend line
we would go to around the 20 sma
on the monthly which is around 4200.