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Dr_Roboto

Bitcoin Channels - Testing midline of new channel

Bitcoin (COINBASE:BTCUSD)  
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COINBASE:BTCUSD   Bitcoin
Trend Analysis Bitcoin (Cryptocurrency) nasdaq SPX (S&P 500 Index) NASDAQ 100 CFD
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trendanalysis bitcoin nasdaq spx ndx
Pretty simple analysis for bitcoin. The most recent peaks the last 2 years have established a new channel for bitcoin. Right now, you can see it clearly testing the midline of the new channel.

Week timescale
snapshot

1D timescale
snapshot
Kommentar:
Wednesday afternoon update. The center line of the channel is still holding, but for how long?
snapshot

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