Bitcoin Back in an Upward Channel

in #bitcoin7 years ago

BTC has broken out of the downward channel it's been in since it's ATH. It's re-entered the upward channel we previously saw after it's last dip below $13k.

1 hr

2017.12.26_11 26 AM -  BTC Bull Run - 1h.PNG

1 zoomed out

2017.12.26_11 26 AM -  BTC Bull Run - 1h - Zoomed Out.PNG

15 min zoomed in

2017.12.26_11 26 AM -  BTC Bull Run - 15m - Zoomed In.PNG

Expect resistances just before and around $16,500, $17,000, and $17,500 if we get that high. It's still early but this might be the start of a reversal.

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