NeutronMan

Bitcoin Analysis 3/26/22 (Ascending Channel)

Short
BYBIT:BTCUSDT   BTCUSDT SPOT
Bitcoin appears to be descending to the short-term support level around the lower trendline of this Ascending Channel. The Daily S2, previous resistance, 50 EMA and VPVR confirms this support zone. Since the Daily CPR Central Lines are extremely tight, I do expected a further drop to the 20 or 50 EMA on the 1D chart around $41.7k over the weekend.
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