Storm has been capped by this resistance every time it has tried to break through over the past 9-10 months.
A break though here could be just what it needs to bring new money to the table.
The consolidation has been lengthy so if it takes off, you'll know about it.
I'd like to see a daily close above the upper line before getting carried away as historically...
Dear Crypto addicted, fan, lovers, haters, whatever,
in the past days huge capital injection to raise BTC from the annoying sideway 6.5-7k to 8k peak, volume also temporary increased from 4-5MM to 9MM per day.
Is that a reversal of the downtrend to an unexpected uptrend??
I don't think so, we currently are still below the channel top of the main downtrend...