Descending Channel
There is a Descending Channel Pattern on the 1H chart. Most of the time this breaks out to the upside.
If so, it could push the price of Bitcoin at above 20k in the coming days.
If so, it could push the price of Bitcoin at above 20k in the coming days.
Note
It look like Bitcoin is breaking out of this pattern.Note
Could be a Fake-Out, but I don't think so.Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.