Bitcoin Will Reverse ?

19 ส.ค. 2022

The above chart of Bitcoin laid out an ascending channel pattern. Ascending channel also known as the rising channel . The upper and lower trend lines that connect the higher highs and higher lows respectively appear to move within a rising slope. This pattern is generally a characteristic of a bullish trend .

Currently, Bitcoin ( BTC ) is in the range of $21430. If the pattern continues, the price of BTC might reach the resistance levels of 25730.If the trend reverses, then the price of BTC may fall to $20243

Trading Level

Entry Point : $ 21100

Target : $ 25370

Stop Loss : $ 20240


Happy Trading $$$$

21 ส.ค. 2022

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