Bitcoin must hold the purple uptrend line

١٨ يناير ٢٠٢٢

Long term uptrend is at critical level. A bounce from here could lead to re-test of all time high and subsequent classical break out to the upside towards 100k however a failure to hold the uptrend could lead to a years long consolidation. İ am not seeing a probability of a deeper plunge towards previous all time high of 20k.