BTCUSD - For now just optimistic of a recovery

26 เม.ย. 2020

It was in Oct, 2019 when I plotted the channel and major levels on this chart. For the most part, the channel has contained price but it has now broken out for the second time. A nice uptrend has been developing during the last 5 weeks but then again, that is exactly what happened in Dec 2019 too. Price just fell back rather impulsively before starting rising.

I am cautiously bullish again, looking at a daily close above 8,000 and then 10,000 to participate in this market.