BTC price action with the removal of time via Renko indicates a clear culmination point is in play... as BTC hits the lower end of a long-term ascending parallel channel.
Reversal or bounce is likely based on support trend-line, key distinction being the macro headwinds the markets are facing from the economy.
Useful chart view to gain another perspective.
Reversal or bounce is likely based on support trend-line, key distinction being the macro headwinds the markets are facing from the economy.
Useful chart view to gain another perspective.