BTC monthly close at 28k
Updated
BTC has exhibited significant volatility in recent days, breaking out of a descending monthly channel and forming a bullish C fork pattern.
The price has remained within a defined range since march 2023, with a mid-range point at $28,000.
$28,000 marks the convergence point of several technical factors, including an ascending channel, the second leg of the C fork pattern, and a mid-range point at the end of the month.
The price has remained within a defined range since march 2023, with a mid-range point at $28,000.
$28,000 marks the convergence point of several technical factors, including an ascending channel, the second leg of the C fork pattern, and a mid-range point at the end of the month.
Note
Target was hit on time.Note
target hit again.
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