ChartProphet

BTC In Bull Channel Facing Volume Profile Resistance

COINBASE:BTCUSD   比特币
BTC has proved rather Bullish in my opinion, it's recovering well from some recent shake outs and continuing upward with reasonable RSI strength. RSI does need to hold and 50 is a critical level. I think $12k is possible and even $15k as charted for some time. If we get rejected by the red down sloping resistance however, I would bet on $10,800 being tested thereafter.

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