BTC UPDATE

The price broke the strong descending trend line and is now holding above it.

It definitely indicates an uptrend. However, I wouldn't recommend going ALL IN at the current price. I waited for a drop to $64k to release this update.

We could see a wave towards the $63,000 support level (and even a minor fake breakdown of this level). The best option for now is to place buy orders in a staircase pattern in the $62,500 to $64,000 range.