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?
I believe that bitcoin has not escaped the downtrend, you can see that although bitcoin prices have been increasing strongly over the past few days and reached the $ 9800 level, however, bitcoin prices are still in the trend. fall, uptrend is just in the short term. If you want long-term uptrend, the bitcoin price must pass the $ 19800 mark, then you can think of bitcoin will increase in the long term.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?