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.
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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.