Bitcoin is retesting previous channel
From my previous posted chart- I called that BTC would either break out of it's ascending channel towards a target of 14k or fall to bottom of the channel. BTC has broken out of the channel and 13.8k has been met. We are now retesting the top of the previous channel.
Additionally you can see that BTC has landed two perfect wicks off of the 0.236 retracement.
If the 0.236 fib and top of channel holds, look for a push towards 16k. If we confirm below 11.3k, sub 10k is in play.
Additionally you can see that BTC has landed two perfect wicks off of the 0.236 retracement.
If the 0.236 fib and top of channel holds, look for a push towards 16k. If we confirm below 11.3k, sub 10k is in play.
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