Quick update: BTC is also moving in a bearish channel, you guys can draw one yourself,
The midline of the channel is around 65000, with the lower line near 63000,
If it drops below 65000 and doesn’t bounce back quickly, we’re looking at the lower line, and if that breaks, we’re targeting the previous low at 59000!
(This is a bearish channel perspective, similar to the larger time frame channel)
Personally, I’m still bullish and looking to long, not short!!
(Personal opinion, for reference only, not investment advice!)
The midline of the channel is around 65000, with the lower line near 63000,
If it drops below 65000 and doesn’t bounce back quickly, we’re looking at the lower line, and if that breaks, we’re targeting the previous low at 59000!
(This is a bearish channel perspective, similar to the larger time frame channel)
Personally, I’m still bullish and looking to long, not short!!
(Personal opinion, for reference only, not investment advice!)