Bitcoin Analysis 6/5/23 (Ascending Channel Breakdown)
Bitcoin broke down from this massive Ascending Channel on the 2 Day Chart. It it possible that the price could pump to retest the channel. We're currently not seeing a spike in volume so I don't believe this downward move / change in direction is confirmed yet.
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.