BTC monthly close at 28k
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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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.