are we in a bear channel ??
Updated
Hello everyone. As you Red before right here on my update on #BTC ,Now We have the two Main support lines of $41200 and $42500 which still has the effect on the next couple of candles on hourly chart and the time frames below !
We may see lower prices on bitcoin if the sentimental analysis of the market doesn't change, but until then we may have the price pattern that we had in september 2021!
We may see lower prices on bitcoin if the sentimental analysis of the market doesn't change, but until then we may have the price pattern that we had in september 2021!
Note
The support line on 42500$ failed us Miserably and many people may consider the support line on 41200$ a failure, but we have to wait for the day to end, and on top of that we may experience some price behavior like march 21th. And please consider the higher lows in daily chart.
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.