The Ascending Channel to LAUNCH us into the Bull Market?!

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比特币 (BITSTAMP:BTCUSD)

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BITSTAMP:BTCUSD 比特币

trendanalysis chartpattern bitcoin btcusd btc cryptocurrency crypto ascendingchannel

Will this current ascending channel pattern be the fuel that Bitcoin needs to break out above this multi-year long Symmetrical Triangle? Only time will tell...

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Bitcoin traded up to around $9,900 today before getting rejected. We will see if Bitcoin can find support and break up above the $10,500 level and find new support above the upper trend line of the symmetrical triangle.

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Seems like Bitcoin is still riding this ascending channel... We shall see if it continues to go up and break out of this.