The main downtrend line seems to be broken! It's a fresh break, so there is chance of it falling back. Bitcoin seems to have bottomed out at the bottom of a rising channel (orange) which might serve as the basis for a new-to-form trading channel. The red lines also indicate a possible trading channel. But of course it is hard to say what channels appear how and when. The good news is that BTC should be clear to go up again. I'm holding the tiny bit of coin that I have, but if I would set targets, they would be at 10800,-.
Comment:
Comment:
BTC touched the base of that orange channel again, and seems to be holding. Too early to speak of an uptrend, but it's looking ok.