bitluxkyle

Upward Trending Support Line

Long
BITFINEX:BTCUSD   Bitcoin
Over the past two months, we've seen a lot of stability in volatility - without a lot of the mainstream media hype - it seems there are more and more institutional "HODL" investors (in my opinion). I am familiar with several people who are accumulating BTC for long-term HODL.

I believe this can be seen very clearly on the chart. I've shown where the dips come down, which are clearly on the up and up. Also, the resistance lines are on the up and up and nearly identical in terms of percentages over the last two months.
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