Even within the logarithmic scale the uptrend line is increasing its angle. BTCUSD still above the steepest one.
Forming a pennant since the recent hike, with a bottom at around 0.5 fib level.
RSI nearing oversold, stoch being oversold and MACD nearing equilibrium.
Expected to rise to about 30k by march.
Remember to do your own research.
Forming a pennant since the recent hike, with a bottom at around 0.5 fib level.
RSI nearing oversold, stoch being oversold and MACD nearing equilibrium.
Expected to rise to about 30k by march.
Remember to do your own research.
Comment:
Idea still valid, drop through support line didn't have enough momentum and the price closed above the line. Bitcoin looks like it's rising again towards our goal.