Bitcoin was in an ascending channel for 4 months, since the FTX meltdown.
If the weekly close is over $27k, it finally escapes the channel. This will start a new trend; with targets as high as mid $30s.
Rejection will retest lower range of value gap ($25.2k) to lower $20s.
If the weekly close is over $27k, it finally escapes the channel. This will start a new trend; with targets as high as mid $30s.
Rejection will retest lower range of value gap ($25.2k) to lower $20s.