has been in accumulation phase sense march of 2018 when btc
hit 6k for the 1st time. BTC
has broken out of 3 down trend channels over time and is having smaller and smaller downtrend angles as time goes on. On the upside BTC
sense march has seen a peak of 12k and rejection at lower and lower price points all the way down to 8k at the last rejection point which formed the last downtred angle. In my opinion we could see another attempt to break resistance and i expect hard rejection if not at 6600 6800 or max 7500 area. When this happens i could see the previouis downtrend angle being used as a support or possibly even broken. Leading to a parabolic lose which is exactly what BTC
needs to really jumpstart the bull run. Let me know your thoughts thanks.