BTCUSD regression channel
It’s entirely possible we’ve hit the top of the channel and will now regress to the mean. If so, somewhere around $34,000 will be the next stop. I’ve set aside cash reserves for this phase, as on-chain indicators and data show a growing accumulation, especially in large whats accounts.
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.