Bitcoin is in a long-term uptrend channel that is falling to the bottom of the channel.
It is very likely that Bitcoin is supported from the bottom of the channel for the following reasons and goes to the top of the channel...
+EMA 100 WEEKLY
+FIBO 0.786
+BOTTOM OF CHANNEL
+MIDLINE OF ASCENDING CHANNEL IN LONG TERM
But if Bitcoin fails to move up from the bottom of the channel, it will fall to the bottom and the bottom of the channel will break, forming a M pattern that puts Bitcoin at around $ 18,000 on the bottom of the long-term bullish channel .
WHATS YOUR IDEA?
It is very likely that Bitcoin is supported from the bottom of the channel for the following reasons and goes to the top of the channel...
+EMA 100 WEEKLY
+FIBO 0.786
+BOTTOM OF CHANNEL
+MIDLINE OF ASCENDING CHANNEL IN LONG TERM
But if Bitcoin fails to move up from the bottom of the channel, it will fall to the bottom and the bottom of the channel will break, forming a M pattern that puts Bitcoin at around $ 18,000 on the bottom of the long-term bullish channel .
WHATS YOUR IDEA?