Bitcoin Ascending Channel

BYBIT:BTCUSD   Bitcoin / U.S. Dollar
Whether it be an " Ascending Channel" ~ leading diagonal , ugly double bottom or bear flag ~ this must be one of the hardest patterns to try and predict its path! What is interesting is the fact if bitcoin stays above the daily 21EMA then we can safely say it is a bullish scenario....the thin blue line curving upwards.


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.