BTC price has advanced in neat stair-steps from March’s strong consolidation wedge, hugging an internal up-trend. The latest flag is coiling on the mid-channel near 103 k; defend it and the route toward the 113-115 k supply box stays active. A daily close below the inner rail would merely usher a glide to the outer channel near 97 k—momentum remains north-bound while that area is respected. Trade active
BTC price has stair-stepped through a chain of pennants and boxes since March, hugging a sharp rising trendline. The current flag is coiling just above 102 k support; defend that rail and bulls can press into the 113-115 k “new-ATH zone” highlighted overhead. Failure would only shunt action to the wider channel floor near 97 k, where the up-sloping base still shelters the larger bullish structure. 🚀
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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.