BTC is still in the downward channel.
It has entered a small congestion box. This movement could form a similar box around 3k last month.
The congestion range is between $18999.63~$22700.44
Breaking up and holding $22700.44 for 3 days will enlarge the congestion range up higher. And consequently, it’ll be favorable to seek the bottom: rally; fall back; consolidate…
It has entered a small congestion box. This movement could form a similar box around 3k last month.
The congestion range is between $18999.63~$22700.44
Breaking up and holding $22700.44 for 3 days will enlarge the congestion range up higher. And consequently, it’ll be favorable to seek the bottom: rally; fall back; consolidate…
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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.