Bitcoin is placed in a channel in the daily time, and if we want to choose the first resistance point for it, the ceiling of the channel can be considered.
After reacting to the ceiling of the channel, there is a possibility of correction up to the 20,000 zone, and if this zone is maintained, time targets are available. And if the zone loses 20,000, the weekly supports will be activated.
After reacting to the ceiling of the channel, there is a possibility of correction up to the 20,000 zone, and if this zone is maintained, time targets are available. And if the zone loses 20,000, the weekly supports will be activated.
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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.