Day 2 of BTC hodling the support line dating back to July 2017...

Yesterday I wrote my first first article about how bitcoin is riding a support line that dates back to July of 2017 as volatility has dropped. Well, it's day 2 and the battle rages on as it has continued to tightly hang on in an upward linear trajectory.

Today's chart is shown below:

The chart I posted yesterday is shown below for comparison:

It looks like we have pulled up a bit from the line over the past day. We appear to be right in the middle of the Bollinger band. The 200 day moving average (bright green line) has just about flattened and the 50 day (bright pink curvy line) just tipped down a bit. I'm hoping for continued gradual move up the dark green support line extending back to July 2017. This should turn the 50 and 200 day up with a positive slope and start reducing the gap between the two lines. Hodl on fellow Steemians!