Although in multi-month bear market, BTCUSD continues to remain inside major bullish growth channel. In next leg of bull run, BTCUSD can run to the upper resistance of channel to 65K by August 2019. Long positions are encouraged based on extremely profitable risk:reward potential.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.