Bitcoin | Ascending Channel Formation & CME gap..!!

#BTC (Update)


In 2h timeframe, Bitcoin is Moving in Ascending Channel Pattern & At the Moment, Bulls facing the Key Horizontal Resistance (59.4k).

If Resistance got Cleared with Strong Bullish Volume, Next Stop would be 61.2K (Higher High)

If Channel Broken Downside, then Bitcoin Might Retest the 57.2k Support Level.



Keep in mind that CME Futures gap Between 54095-55360 Range Still Opened So If Channel Broken Downside & Bitcoin Dump Hard then Bitcoin Will fill this Gap.



In Daily timeframe Chart, MA50 Acting as Strong Support, So Above MA 50, Bitcoin will be in Safe TERRITORY..!!




On the Other Side, Highest Ever Monthly Candle Closed As Well (We've Made +550% Profit so far Since Triangle Upside Breakout)



Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!

Thanks for Your Love & Support..!!