BTCUSD is in a Ascending Channel currently sitting on a strong support first touch at $35000 second touch at $38000 third touch at $40000
we are currently rising to our next resistance point which is $51000 if we break the resistance we might see new all time highs on bitcoin and many other crypto currencies
Its been a tough first quarter for all markets and i believe we'll start recovering durning the second quarter and maybe make all time highs durning the 3rd quarter
These are all speculations due to the fact that a lot has happened and a lot could happen in the year 2022 so trade and invest with caution ⚠️
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.