Experimenting with the simple regression trend: drawing a point from ATH -0.20% to current price.
Bitcoin -4.07% has more or less obeyed this trend channel and recently in July it has broken above it and stayed above.
Once we head down to 5379 we may see a bounce in order to keep the bullish narrative and have any chance of breaking above the channel.
If we break 5379 we could possibly head into the lower half of the channel.
Bitcoin -4.07% has more or less obeyed this trend channel and recently in July it has broken above it and stayed above.
Once we head down to 5379 we may see a bounce in order to keep the bullish narrative and have any chance of breaking above the channel.
If we break 5379 we could possibly head into the lower half of the channel.
Comment:
Sorry for the multiple %'s that trading view puts in there: just a typo!