I expect BTC to drop back to 29k if broken can drop to the bottom of descending triangle to 27k before going back up the the top of the triangle and possibly breaking out.
There is always the scenario of breaking down from 27k to the bottom of the red channel at 24k
but I don't see that BTC has enough momentum to break the top of the red channel yet.
There is always the scenario of breaking down from 27k to the bottom of the red channel at 24k
but I don't see that BTC has enough momentum to break the top of the red channel yet.
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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.