Volatile moves all across the market due Russia - Nato conflict so its really hard to make a sense of price movements in the short term. But long term charts don't give a f... about short term noise.
Btc must keep the channel for a potential upside move.
The bearish scenario if we loose the channel would be a real bloodbath and probably a long bear market for all crypto holders till 2024.
IMO its 65% chance for the pump rather than 35% to dump.
We are in a critical situation but in 7-8 years this short term movement will be another one in the dust.
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.