Parallel Channel Uptrend
Updated
Bitcoin is in a parallel channel in an uptrend on the 4h chart.
A breakout targets 50k on the dot.
A breakdown targets 38.7k, which is near middle of a support level that sits between 36.5 and 40k.
A breakout targets 50k on the dot.
A breakdown targets 38.7k, which is near middle of a support level that sits between 36.5 and 40k.
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Successful breakout on the 4h, targeting 50k give or take a bit
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