Picture is clear, BTC is in a channel just like earlier and it is at the bottom line of channel currently which gives us good opportunity to accumulate cryptos for at least short to - medium term. It may even breakout of channel, we'll see about it when it reaches on the resistance of channel.
The dash line drawn below is the line through JAN Monthly 20SMA i.e. ...
ATH Flip level for BTC using Fibonacci and confluence of important levels including structural support, Fibonacci and Monthly High, RSI
RSI : Oversold Zone
Scenario 1) BTC Flips from Fib 0.5 (54300)
Good consolidation and breakout
Target - 81056
Scenario 2) BTC Flips from Fib 0.618
Target - 78600
Further update upcoming
Thank You.
