As one can see during this phase of the bullrun (16 Dec - 20 Jan) BTC used the 2/1 line as effective support bouncing off the upward 1/1 line at its ATH, until breaching the 2/1 on the 20th, finding support on the downward 1/1 line. BTC has managed to get a leg up and find support on the upward 3/1 line, however it is looking weak and will now find further...
