I believe BTCUSD may be close to ending its year long downtrend.... the key level is $285.... If we get a daily close above this level then I believe the bearish bias is over and the market will be entering a ranging scenario with a bullish impulse due to pent up bullish demand.
Keep in mind the bearish trend line is still in place as long as 285 holds.
Keep in mind the bearish trend line is still in place as long as 285 holds.