Is $btc Bitcoin's Channel about to do the Most or the Least?

15. Okt. 2024

Bitcoin is in a Very huge falling channel!
Current Price: 65600

BTC Price action has rejected upper trend line Resistance 6 times - steadily creating lower highs.
Currently, Price action is at this Major resistance. Will it reject again? It remains to be seen!


A break above this major resistance will lead to ALL time highs and a continuation of the bull run.
BTC Up Resistances: 70.4k, 74.8k, 80.2k
Note: #BTC remains bullish if price action stays above the 200EMA (red Moving Average)

Another rejection of this upper channel resistance will lead to down supports up to 50.5k.
What will it be?

19. Okt. 2024

Anmerkung

Price action has broken out of Channel resistance...

28. Okt. 2024

Anmerkung

70k

11. Nov. 2024

Trade ist aktiv

up targets all hit!

11. Nov. 2024

Anmerkung

BTC price action remained above the 200ema which is bullish