BTC uptrend channel is broken

2021年1月21日

According to my previous analysis on BTC (tradingview.com/chart/BTCUSDT/iRXZPwPJ-BTC-Short-term-is-still-in-Bullish-Channel/) we tracked the BTC in a very nice uptrend channel, however, it couldn't resist and the channel is broken down last night...

So, now we need to watch on supports and figure out the next moves...

Please consider that the Supply of BTC is short and the demand of it is HUGE...

So, I believe BTC is still in a major uptrend channel and in the near future we can see the 50K BTC :)

Please let me know your idea...

2021年1月22日

註釋

Jan 22, 2021 Update:

The first support zone on $30,500 act as it should and held the price...