Short

BTCUSDT daily channel formed and price is touching resistance

Updated

As we can see the price now is in the daily ascending channel and now is receiving channel resistance and ATH resistance both at the same time and we can expect correction and a little rest here, after that expected pump from 40k support:

BTCUSDT is receiving support of 40K zone once again and can pump

Notice: possible targets for new ATH if any breakout here happened also mentioned on the chart with price label and fib levels.

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47000 touched and new ATH

also consider this that it is not yet breakout we need a 5% rise here or at least daily should close above channel resistance else we are still looking for a correction

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