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userfan

$BTCUSD 2020 ongoin channel

Long
Bitcoin (BITSTAMP:BTCUSD)  
userfan Updated   
BITSTAMP:BTCUSD   Bitcoin
Chart Patterns BTCUSD Bitcoin (Cryptocurrency)
5
0
chartpattern btcusd bitcoin
The 2020 Corona dump was the market shakeout needed to flush all weak hands and now we're in a new bull market confirmed strongly.
Let's see what the limits of the new uprising funnel channel are in time
Trade active:
A better view of the channel
snapshot
Comment:
Some cryto twitter people and outsiders are wondering how is this run so sustainable and when will Retail come in. I personally do not see any retail frenzy coming too soon, ordinary people are still afraid of Covid restrictions and are saving money for hard days ahead, that is if they still have a job.
Also, the people that remained bullish crypto since 2017 and went therough the bear market, most probably gambled their money on alts and are maybe hoping to get even to the same "paper" profits as in 2017.
Comment:
The only thing to do right now is to stay on your hands, do not touch your precious BTC.
Comment:
This channel held well
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