4h Parallel Channel
Short-term:
Bitcoin is in a parallel channel on the 4h chart.
Break above the channel to head towards 120k and continue making new ATHs
Break below the channel to re-test 85-90k.
Long-term:
Bitcoin is likely going to approx 132.5k, as shared here:
Bitcoin is in a parallel channel on the 4h chart.
Break above the channel to head towards 120k and continue making new ATHs
Break below the channel to re-test 85-90k.
Long-term:
Bitcoin is likely going to approx 132.5k, as shared here:
Trade active
Channel lost, downside targets are 89-90k and then 85.5k if it fails to reclaim the channel:
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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.
Related publications
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.