Bitcoin 5k - no way!

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Chart is selfdescribing. Bitcoin will follow trendline with several corrections.
The lower trendline shows us the direction and supportline.
The upper trendline is a clone from the lower one and it matches perfectly to recent highs.
Nice channel is build.

On shorter time frame falling wedge will hit supportline about 6800$ and bounce of.

Just for educational purposes.
back to 5878.88
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