4H chart on the BTCUSDT Perpetual Future on Binance.
BTC is moving into a key channel at 9000-9450. Consolidating below or above these levels would be key for any further movements.
On the 4H chart, current set up seems to justify a restest of 9450 levels. Confirmation above will set the price up to 9600 - 9700 area, two long term resistance points. I would set...
This chart displays the similarities on the trading patterns of the historical price of Gold before and after its ETF approval to Bitcoin's historical price in anticipation for its ETF approval decision.
On March 28, 2003, the first Gold-backed ETF was introduced. The result was a +460% rise on Gold's price that reached $1920.80 on September 2011. Gold's pattern...
