BTC had a breakout above 60k. Now there is profit taking. Price has created a nice channel. Possible area to buy on the pullback highlighted in chart.
Note
Price has made it back to channel low and previous all time high. Now is a good time to look for longs if that's your plan and timeframe.Note
Smaller timeframe channel broken. Bullish uptrend on the higher timeframes 4hr/daily still intact. 60k is the battle zone area. Please see my new updated 4hr chart.
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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.