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Gareth Soloway compares the almost year-long downtrend in Bitcoin to an Ali Baba chart to show what can happen when a major trendline breaks to the upside.

The break of the trend doesn't mean the price is off to the races. It still has quite some consolidation to go and possibly a retest of the trendline (as the line heads much lower) to flip it into support.

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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person's opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.

#bitcoin # #crypto # # #economy # #blockchain #invest #inflation #shorts #youtubeshorts

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