BTC seems to be forming a huge upward channel. This is more evident on the weekly charts. If this is correct, then we are currently testing the upper bands. Will price be able to break through the channel? or will it go down?
There are two possible scenarios if a channel is true.
Scenario A - we consolidate a bit and pierce through the upper channel bands, reaching for higher highs and higher ATHs...
Scenario B - we fail to break resistance and plunge back down to the middle of the channel - reaching for the 16k zone...
Time will tell
There are two possible scenarios if a channel is true.
Scenario A - we consolidate a bit and pierce through the upper channel bands, reaching for higher highs and higher ATHs...
Scenario B - we fail to break resistance and plunge back down to the middle of the channel - reaching for the 16k zone...
Time will tell
注释
BTC has burst out of a huge channel creating a super bullish signal, and price now flaunts the 30k mark.I think price might possibly retrace a little before making new heights.
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。