First, I would like to remind that this BTC channel is the same as usual. Minor trajectory corrections where performed on it.
The crypto scenario looks promising if we can confirm some other charts like USDT.D and USDC .D creating minor channel trends down (up for cryptos). I'll publish them ASAP .
I mentioned on other charts that BTC reaching 52k or 53k would be expected, but after this correction this looks like a preparation for a strong rise on BTC price.
Why this fall looks promising?
The bear movement wasn't that big. I know the full story wasn't written yet and it is still unfolding, but I'm finding support in the chart as it is right now.
Also, take a look at the linked chart below. At least, up to this point, there weren't surprises yet.
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