HunnVar

The Trajectory of BTC is quite simple

Long
BYBIT:BTCUSDT   BTCUSDT SPOT
BTC has been trading within a well-defined falling wedge pattern since reaching its all-time high (ATH). In December 2022, it successfully broke out of this pattern and has since been displaying a clear upward movement within a channel. Throughout its history over the past three years, BTC has established distinct levels of support and resistance. The volume has shown strength since reaching ATH, indicating a significant market interest. The price action is displaying a beautiful trajectory, indicating a move towards the upside. It is reasonable to anticipate the 38-40k level to be reached sooner rather than later. Please note that this information is not financial advice.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.