I have seen a lot of people posting ideas about how we broke the major
BTCUSD
trendline on 1D chart, therefore we are in uptrend already. I am actually satisfied seeing the
BTCUSD
getting out of the long-therm bearish channel and that it broken the major upper trendline of the channel. However, there is still a supply zone ahead and I really want to see
BTCUSD
to get through it.
Also, Bitcoin needs to make a new higher high on 1D chart and I personally think it will be pretty hard. The volume needs to rise much more than it is now to cross previous lower high so we can just hope for now.
BTCUSD
trendline on 1D chart, therefore we are in uptrend already. I am actually satisfied seeing the
BTCUSD
getting out of the long-therm bearish channel and that it broken the major upper trendline of the channel. However, there is still a supply zone ahead and I really want to see
BTCUSD
to get through it. Also, Bitcoin needs to make a new higher high on 1D chart and I personally think it will be pretty hard. The volume needs to rise much more than it is now to cross previous lower high so we can just hope for now.