We fell back into the upward channel I drew towards the end of November, and have been following it quite cleanly. I'm bullish overall, but do expect some bumps along the way...I'll be buying along the bottom of the channel on the way up.
Some people see a head and shoulders forming, but historically I don't think that pattern works well with BTC. Additionally, with all of the new money coming in I think it'll be difficult to sustain any bearish trends.
Some people see a head and shoulders forming, but historically I don't think that pattern works well with BTC. Additionally, with all of the new money coming in I think it'll be difficult to sustain any bearish trends.
Long opened