Bitcoin has broken the outer bullish channel that we have been following for some time, which has caused a noticeable increase in price action, reaching its new ATH above $ 28,400. The RSI indicator made a double top in the overbought zone, in 1 hour candles, while the price and volume range show great indeterminacy in the market, forming an evening star, indicating a loss of strength in the trend.
We feel that a correction to the $ 24,100 level may come, but another path would be to perform a continuation sideways move.
We feel that a correction to the $ 24,100 level may come, but another path would be to perform a continuation sideways move.
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