Bitcoin - the price has returned to the channel again!
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Friends, let's go back to our ascending channel pattern, as the price of bitcoin is now near the important boundaries of the pattern.
The chart shows how the market maker is trying to return bitcoin to the $30,000-30,500 range or simply drag the price into the channel. I previously wrote about a similar rebound and expected to see a buyer reaction from about the $29,650 zone, we got it, what next?
I think that before a full-fledged correction, we will still be driven plus or minus in the same range (29,800-30,500), removing large shoulders from above and below, and perhaps we will see good movements before the release of data on the Fed's key rate next week and the real felling will begin there .. .
I continue to hold my short positionally from $31,250 until I have plans to fix the position and exit it, but everything can also change very quickly, stay tuned in the trading view.
Friends, let's go back to our ascending channel pattern, as the price of bitcoin is now near the important boundaries of the pattern.
The chart shows how the market maker is trying to return bitcoin to the $30,000-30,500 range or simply drag the price into the channel. I previously wrote about a similar rebound and expected to see a buyer reaction from about the $29,650 zone, we got it, what next?
I think that before a full-fledged correction, we will still be driven plus or minus in the same range (29,800-30,500), removing large shoulders from above and below, and perhaps we will see good movements before the release of data on the Fed's key rate next week and the real felling will begin there .. .
I continue to hold my short positionally from $31,250 until I have plans to fix the position and exit it, but everything can also change very quickly, stay tuned in the trading view.
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