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BTC - Spicy Into Weekly Close - New Trend Emerging Over $27k
Bitcoin
Long
BTC - Spicy Into Weekly Close - New Trend Emerging Over $27k
By 1BigPapi
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Mar 19, 2023
3
Mar 19, 2023
Bitcoin was in an ascending channel for 4 months, since the FTX meltdown.
If the weekly close is over
27K
, it finally escapes the channel. This will start a new trend; with targets as high as mid 30s.
Rejection will retest lower range of value gap (25.2k) to lower 20s.
Technical Indicators
Trend Analysis
1BigPapi
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