As you can see, Bitcoin has been moving in this channel for exactly 90 days from October 16, 2023 to today, January 16, 2024 The important thing is that this channel consists of 5 internal resistance layers that reacts to them along the path of bitcoin movements. These channels are completely consistent with the regression channel of these 90 days You can clearly understand how Bitcoin moves
It can be said that due to Bitcoin reaching the bottom of the channel and that after 4 negative daily candles, the first positive candle was seen today, and this can indicate the price growth of Bitcoin from tomorrow. We will see exactly the movement that started on October 16 from today, and if this happens, it will move towards the price of 49-50 thousand dollars with daily positive candles.
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