Bitcoin Likely to Correct but Maintain Bull Run

7 ม.ค. 2021

Publishing fast before the play happens..

7 ม.ค. 2021

บันทึก

Analysis

The green lines identify a near perfect channel.
Prices can rise for a long time if the movement stays within the boundaries.

On the other hand...
the purple lines define an ascending wedge
Those tend to collapse downward

It makes sense, because...
the price needs to get close to the rising channel LOWER trend line
This is considered healthy and NOT a reversal