1st time since 2014 Bitcoin over middle line of longterm channel

For the first time since 2014, the price of bitcoin (BTCUSD) today traded above the middle line of a longer term channel (see dotted white line in above chart) which on its own is a very bullish technical event, incidental to the recent bullish price surge, now that it is trading above the middle regression line of the channel.
Bitcoin (Cryptocurrency)BTCUSDTrend Analysis

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