BTC is running in a channel since March 13
Closing in a move above $10,000 ...
But the HTF resistance (the red line) is also very close.
We broke it once, but it was a false breakout.
Bitcoin has to decide where it wants to go:
IF UP ... then the upper border of the channel is the first target.
IF DOWN ... then we will probably head to the Golden Pocket (the purple area).
Closing in a move above $10,000 ...
But the HTF resistance (the red line) is also very close.
We broke it once, but it was a false breakout.
Bitcoin has to decide where it wants to go:
IF UP ... then the upper border of the channel is the first target.
IF DOWN ... then we will probably head to the Golden Pocket (the purple area).