Bitcoin is currently in an ascending channel, but once price breaks through current resistance levels we can expect it to continue up to second resistance area at around 9025.30.
Note
Bitcoin topped out at 8980 overnight. It has shown a strong rally overnight. Trade looking good so far!Trade closed: target reached
Bitcoin reached the TP as expected on a matter of hours! Happy trading
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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.