Bitcoin $BTC hit the upper trendline of the Ascending Channel

BTC has reached the upper trendline of the rising channel, a breakout of the upper trendline can take the price to a new ATH.
Otherwise, it is likely that the price will be rejected at this point and back to the lower trend line and even break out from there.

- Overall, the trend is still bullish in the long term (see the big rising channel)
- RSI is in overbought territory
- All the possible targets in the chart

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Trade ist aktiv:

So far BTC has followed my chart perfectly as expected...watching $47k ...