BTC trend watch: Within an ascending channel, Bitcoin keeps carving triangles from consolidation clusters, defending mid-support near 108k while bulls eye the upper rail close to 116k. This technical analysis keeps the bias firmly bullish.Trade active
After months of strong consolidation,
BTC erupts along an ascending trendline; price action prints successive bull flags while holding 102-105k support. Bulls eye the 114k-116k supply zone for a breakout test above long-term resistance.
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.
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.