$btc Bitcoin in a Rising Channel.... Continuing Up Or Down?

24 ต.ค. 2023

BTC Price action has been forming higher highs and higher lows and has currently found itself in a rising Channel.
Current Price: $33900

BITCOIN also found resistance at Jan/Feb Previous Support, Around 35,300. Only TWO things can Happen!
Bitcoin can break out of this channel for Higher Resistances at: 38300, 41200, 44200, 46700

Else #Bitcoin will continue reject angled resistance around 35300 and break down to supports: 31500, 28100, 25100,

A Continuous break down from rising channel will further lead to other supports: 21800,18700, 16300

27 ต.ค. 2023

บันทึก

looks like BTC is still trying to choose a path...

1 พ.ย. 2023

บันทึก

Another rejection around the 35k region... i am taking profits!