I think 24300 is an attractive bearish zone. Observe how the median line, connecting the 50 percent average of the beginning and end of the pattern, reacted to the price movement.
The trend drawn from the ATH level of 2011 looks like a pullback movement in the red line. Price can say that the sloping trend line is a pullback movement after it broke down in November of last year. As for the RSI indicator, as indicated by the red circle in the figure, the situation is very close to the scene of the sudden fall in the summer of 2015. In...
Bitcoin is at the top of the bullish channel. RSI overbought.
On the 4-hour chart, the price is moving in an upward direction, breaking the slope support from the ATH level. If the growth movement continues, 17500-18200 correction movement may enter the zones. According to my prediction, there is a high probability that the exchange rate will test the 18650 level at this rate. Perhaps there is an opportunity to open the last...
GOLD/BTC BTC/USDT Bitcoin last LL 28800 Next ATH 70K. After Crypto Winter