The weekly chart looks pretty good actually:
Bitcoin has failed to significantly break the lows.
Also the trajectory of the chart seems to be flattening out.
As long as $6k continues to hold, the path of least resistance looks higher to me.
Weekly chart looking up for Bitcoin
6 years ago by jondoe (85)
😥😥😥 still waiting for the next rally to begin.
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It may already have. Bitcoin is up almost 15% off the lows in the last two weeks...
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That's true only if the part of 6k continues to hold I can't imagine Bitcoin getting lower than that.
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Thank you
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Yes, $6k needs to hold for sure.
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