The 150 day moving average has been acting as support (arrows on the chart). We also have a short term support line below it.
In BTC's current channel we are nearing the end of the wedge. BTC will decide which way it's going today or tomorrow.
If BTC breaks out the top of the current channel, there is a very good chance of a new ATH.
If BTC breaks below, look for a bounce off the 150 MA or the support line below it.
Below that we have a larger support area at 13680.
In BTC's current channel we are nearing the end of the wedge. BTC will decide which way it's going today or tomorrow.
If BTC breaks out the top of the current channel, there is a very good chance of a new ATH.
If BTC breaks below, look for a bounce off the 150 MA or the support line below it.
Below that we have a larger support area at 13680.