Bitcoin failed to cross the multi-year resistant trendline from the peak of 2017. It is also battling to cross the mid range. If it can consolidate above mid range I think it could breach the resistant trend line consolidate again and then aim for range high.
BTC gets rejected by rage high first but consolidates under and using the...
if ETH can take out .028 i'll become a stoopid permabull.
This would create an inverse famous shampoo and macro saucer bottom.
ETH2.0 is around the corner and with the bitcoin halving miners will flood to ethereum because mining bitcoin will become less profitable (less reward per block).
take out .O28 and i'll take the trade on the chart, good risk to reward there
IMO those are the only make or break trendlines for BTC
The December 2018 top trendline has been tapped 4 times and will eventually get taken out. Once we take out 10k the fireworks will start, this will finally give us a higher high on macro timeframe. Breach of this trendline resistancef will herald a 3rd parabol bull advance. I can see it cool off here first...