BTC is trending in the channel. Barring run to 14k, BTC was and is within the channel and it is not able to break it on either upwards or downwards.
Unless we see good buy volume, we might remain range-bound.
Unless we see good buy volume, we might remain range-bound.
Note
Fall was more than expected and its intensity was even more intriguing. Price is supported by 100EMA, not sure if it is going to hold given intensity of the drop.
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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.