Bitcoin consolidation almost done

BTC has touched the DOWNTREND line six times these past few weeks. This tends to be bullish as the more times it hits the weaker the downtrend gets, eventually giving way to a rally.

This #BTC peak is very different than the last two, by far. Worth noting, the longer it consolidates the BIGGER the move is likelier to be.

#Bitcoin needs GOOD volume to upside to confirm.
bitcBitcoin (Cryptocurrency)BTCChart PatternscryptoIBITTechnical IndicatorsTrend Analysis

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