People said we broke the december down trendline but everyone is drawing it from the december upper wick down
If you ignore the wick this is what you get:
BTC seems to be reacting to it now and this would mean the down trend hasn't been broken yet.
Thoughts?
You can see that in recent days the price of bitcoin has always been adjusted down from $ 100 - $ 200 and that is to test the crowd whether to sell off and cut or not. Despite the upside trend in the short term, the bitcoin price has come back and the current price is at $ 9200 and is still gaining momentum.If you ignore the wick this is what you get:
BTC seems to be reacting to it now and this would mean the down trend hasn't been broken yet.
Thoughts?