phoenixTraders2020

BTC still following bullish channel?

BITSTAMP:BTCUSD   Bitcoin
Further to the latest drop on April end, the bullish movement started to shape a new uptrend channel. As you see the strike move are more stronger than the bearish ones. Yesterday for the third time the down edge was touched and seems to back to the trend again. However, if it could not move stronger this time, perhaps would be facing a new downtrend.

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