BTC in a channel is it bouncing now?

2021년 7월 14일

as shown in the above analysis, we have a pennant channel in BTC on the 4H chart & most traders know what to expect when seeing this pattern.
highest outflow from exchanges in history, Hash-rate is climbing back up after all the migration of mining companies out of China.
FUD seems to have no/zero effect on it now, confidence is raising again specially for institutions.

If this isn't bullish IDK what is...

Good luck everyone!