NeutronMan

Bitcoin Analysis 6/10/23 (Review of Macro Ascending Channel)

Short
BITSTAMP:BTCUSD   Bitcoin
There are two things worth mentioning on the 2 Week Chart:
1. BTC appears to have lost the critical 50 EMA
2. The next major level of support is the bottom of the Ascending Channel / the 2017 Peak around 19.6k.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.