Bitcoin BTC - Most important lines to watch
Bitcoin broke out of the parallel channel and is currently testing the dynamic support line. The price action will be driven by the reaction of the price with those important lines. Most probably, combining Technical Analysis with Macroeconomics, knowing clearly that we are in a recession, the price of BTC may hover between those lines but will end up by breaking down.
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.