Bitcoin trying to break the downtrend here

Bitcoin is trying its best to escape the downtrend it has currently been trapped in.

It's very close to breaking out as of right now.

Just need to close above this downtrend line:

(Source:

https://twitter.com/CryptoRolly/status/1250833273242005504/photo/1

- CryptoRolly

It would be the first time closing above it in weeks.

That should provide a nice little rally up to $7,400 at the very least.

Then we need to break that resistance are as well, which we likely would if we get up there again.