Bitcoin in bullish channel.
Since BTC bounced upwards from $7,050 it entered an bullish channel.
We are looking for breakouts on upper and lower lines of this channel.
Strong resistance ahead at around $7,777.
Market is looking pretty lazy, and it doesnt have big moves whatsoever. On weekly chart RSI and MACD are looking flat, with no bigger moves.
Still waiting for that MACD to cross upwards.
In my analysis I'm using Fibonacci Levels, Elliott Wave principles, Support and Resistance lines, Candle Patterns and formations, like Head and Shoulders or Triangles.
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