$btc Bitcoin in a Rising Channel.... Continuing Up Or Down?
Updated
BTC Price action has been forming higher highs and higher lows and has currently found itself in a rising Channel.Current Price: $33900
BITCOIN also found resistance at Jan/Feb Previous Support, Around 35,300. Only TWO things can Happen!Bitcoin can break out of this channel for Higher Resistances at: 38300, 41200, 44200, 46700
Else #Bitcoin will continue reject angled resistance around 35300 and break down to supports: 31500, 28100, 25100,
A Continuous break down from rising channel will further lead to other supports: 21800,18700, 16300
Note
looks like BTC is still trying to choose a path...Note
Another rejection around the 35k region... i am taking profits!
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