HuobiGlobal

BTC on Huobi - Channel still intact

HTX:BTCUSDT   Bitcoin / Tether USD
BTC is still in the channel but testing support and above the cloud along with RSI is doing well on the daily.
What's going to happen with the support - is hash rate and miners adjusting to the BTC halving rewards going to push the price down?

Risk Reminder:
1. Trading in digital assets comes with high risks due to huge price fluctuations. Users should be fully aware of the risks associated with digital asset trading and make prudent trading decisions.
2. Huobi Global’s announcements and information do not constitute investment advice, and Huobi will not bear responsibility or provide compensation for direct or indirect losses arising from trading decisions whilst relying on this information.

Disclaimer

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.