Today's post is about Bitcoin in the very short time frames.
Technical analysis applied to Bitcoin in the 5 minute charts.
Bitcoin channel: 5 min chart
Bull channel spotted and accelerated bull trend being respected in the short term
This is a very short term chart. This is how is looking.
Main bear trend in red has been broken and there is a clear bull trend.
However in the bigger picture I still see a potential triple bottom before major bull cycles. Just my opinion, no financial advice.