Technical analysis by hyla1996 about Symbol BTC: Buy recommendation (10/7/2021)

Bitcoin has been channeling since 2013 and the recent pullback to 40k appears to be a retest of the mid channel support region. This means the top channel resistance is now a real possibility. Using time cycles, you can see compared to previous bull runs we're only about halfways through the bullish cycle, with the bearish one due to start in summer 22'.