BitcoinLong
4h Parallel Channel
Updated
Short-term:
Bitcoin is in a parallel channel on the 4h chart.
Break above the channel to head towards 120k and continue making new ATHs
Break below the channel to re-test 85-90k.
Long-term:
Bitcoin is likely going to approx 132.5k, as shared here:
Bitcoin is in a parallel channel on the 4h chart.
Break above the channel to head towards 120k and continue making new ATHs
Break below the channel to re-test 85-90k.
Long-term:
Bitcoin is likely going to approx 132.5k, as shared here:
Trade active
Channel lost, downside targets are 89-90k and then 85.5k if it fails to reclaim the channel:
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