Bitcoin - the price is in the global channel
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There is another option on the Bitcoin daily chart.
On the technical side, the price of the asset continues to move in an upward channel without confirming the lower border of the $25,250 pattern, which is currently the key zone for taking a Long position (red line on the chart) and most market participants are waiting for confirmation of this zone.
Well, it often happens that the market maker reverses without reaching the key level of several hundred points.
Time will tell how it will be this time and the liquidation of the Long position, if the price is still allowed to reach $25,000
There is another option on the Bitcoin daily chart.
On the technical side, the price of the asset continues to move in an upward channel without confirming the lower border of the $25,250 pattern, which is currently the key zone for taking a Long position (red line on the chart) and most market participants are waiting for confirmation of this zone.
Well, it often happens that the market maker reverses without reaching the key level of several hundred points.
Time will tell how it will be this time and the liquidation of the Long position, if the price is still allowed to reach $25,000
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