BTC - Rising Channel

BTC is clearly trading in a rising channel, I had previously published a chart showing BTC forming a rising wedge pattern but I really should have given the pattern more time to form before publishing that chart. The pattern has progressed to where it is definitely a rising channel. Rising channels although short-term bullish, often form during downtrends as a continuation pattern. We will have to see if this is indeed a continuation pattern and BTC resumes
the downtrend or if BTC is able to build momentum and continue to move higher.