We can see that the price has been respecting the ascending channel and recently got rejected at top, alongside the 200MA. We should expect price to hit bottom of the channel at around 38k in the short term. Bear or bull, be ready for both.
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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.