Take a look at these two days in the history of Bitcoin.
These two points are in the middle of the long time channel.
Both are on RSI support.
The previous time Bitcoin reached the channel ceiling after 180 days and grew by 970%.
In another 180 days, the ceiling of the channel is higher than $ 300,000!
Of course, for a long time you should also check the...
During this time, Bitcoin moved in the 50k range and had a time correction.
To start a bullish move, Bitcoin must first break the resistance of 50500. The second point is the break of the trend lines in the RSI and OBV indicators.
The Bitcoin dominance has also reached the bottom of its channel after a downward movement. The return of the dominance from this point...
BTC.D channel.
Bitcoin dominance has reached the bottom of its channel after a downward movement.Going back from this point can help Bitcoin move higher.
CHZ have a great channel and flag.
If the flag is broken upwards, the target is at the top of the channel, and if it is broken at the bottom, the target is at the bottom of the previous channel.
Continuing the previous analysis, Bitcoin recorded 5 daily green candles and increased 6k.
Now we have to wait for the reaction of Bitcoin to 40k and RSI 70.
After breaking trend line in previous analysis the price reduce till support 53300
and now it is swingin in a triangle
if it breaks triangle from the top it can achieves 58000
otherwise it can reduce till 53000.
