bylerzone

BTC daily candles coming right into the Ascending Trendline

BITSTAMP:BTCUSD   Bitcoin
BTC daily chart.
As you can see we are getting to a spot
on the chart where BTC must make a decision.
We have been following the Bullish trendline
since December of 2022...now, the last 6 years,
2017-2022 the month of September has closed
as a red month...so where does that lead us? Will
BTC head up to the $38- 48K range, or fall thru
the .382 Fib down to the $20k range before
making the move up for the 2024 Bull run? keep
an eye on this trendline, as well as the RSI, \
The RSI is also following the bullish uptrending trendline
nicely but could ip down to the trendline to reset before the mega
bullrun begins.

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