BTC-USD is trading inside a channel.
It usually takes sometime to break a channel but an up-break is likely.
The AI model has found multiple similar patterns in the past and a lateral movement is expected for the next few weeks.
Furthermore, remember that BTC-USD broke a bigger falling wedge this January so a bigger bull trend is probably unfolding. The green area is probably a great moment to buy because the AI model is expecting some lateral movement but the long run is still bullish. If we lose the green line take care with the start of a major correction.
Remember that green lines are draw every -15%, where we previously had strong resistance and support levels.
It usually takes sometime to break a channel but an up-break is likely.
The AI model has found multiple similar patterns in the past and a lateral movement is expected for the next few weeks.
Furthermore, remember that BTC-USD broke a bigger falling wedge this January so a bigger bull trend is probably unfolding. The green area is probably a great moment to buy because the AI model is expecting some lateral movement but the long run is still bullish. If we lose the green line take care with the start of a major correction.
Remember that green lines are draw every -15%, where we previously had strong resistance and support levels.