4 hour time frame bitcoin analysis
After the positive news about the ETF in the news sites, Bitcoin was able to attack the price of $47,000 with a growth of 7%.
The price is now 46,805 dollars, and considering that our ascending yellow channel was broken from above, it is expected to go towards the next targets, namely 47,300 and 48,800. Since the ETF has not yet received the final approval, it may change in case of negative news in this area. to FAKEBREAKOUT and modify to POC (where the highest volume) and re-enter the channel.
Technical analyst: Amir Hassan Salek
After the positive news about the ETF in the news sites, Bitcoin was able to attack the price of $47,000 with a growth of 7%.
The price is now 46,805 dollars, and considering that our ascending yellow channel was broken from above, it is expected to go towards the next targets, namely 47,300 and 48,800. Since the ETF has not yet received the final approval, it may change in case of negative news in this area. to FAKEBREAKOUT and modify to POC (where the highest volume) and re-enter the channel.
Technical analyst: Amir Hassan Salek