Below looks at a weekly chart of Bitcoin back to 2013. Bitcoin has spent the majority of the past 4-years inside of rising channel (1), where the top of it was hit at (3) in mid-December, three weeks ago.
Junior Gold Miners ETF (GDXJ) has been reflecting actual and relative strength of late compared to the S&P 500. On December the 20th the Power of the Pattern shared that GDXJ had hit an important support line and was experiencing a short-term breakout. See 12/20 post HERE.