Another dip to $58K?
As you can see BTC has broken out from the previous channel but has been trapped in a new ascending channel.
In my view the price will have a fake breakout above 64K resistance and evantually reach ATH in 67K but after that will face both channel and ATH resistance and a possible plunge to 58-57K or 200-day EMA which makes a double bottom and the price will rise from that point to a new ATH.
BTCUSDT
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In my view the price will have a fake breakout above 64K resistance and evantually reach ATH in 67K but after that will face both channel and ATH resistance and a possible plunge to 58-57K or 200-day EMA which makes a double bottom and the price will rise from that point to a new ATH.
BTCUSDT(("Don't forget to Like and Subscribe if you enjoyed my idea"))
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