Bitcoin price is currently trading at $3888. Although things might seem to be moving slowly, bitcoin price has actually been making higher highs since the start of the new year.
Yesterday the price reached $3815, that's $85 away from my first buy order ( ENTRY1 ).
I have not changed my entry prices but the stop loss has been updated.
It is now at $3600.
The Donchian channel has been tightening up. As long as the bitcoin price remains above the midline of the channel, we can expect a breakout on the upside.
This is my bitcoin price analysis for today and it should not be considered as financial advise.
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All the best,