$BTC today‼️

I like to build various formations on the Bitcoin price chart, which allows you to objectively calculate the strategy and feel the mood of market participants. Today we are returning to the analysis of the "ascending trading channel".

Yesterday, the Bitcoin price broke the lower boundary of the trading channel - a classic of technical analysis on your screens.

Currently, the Bitcoin price is testing the lower boundary of the trading channel and given that the trend in the market is bullish, this means that the Bitcoin price, in practice, should return to an upward movement, that is, break the resistance line. At the time of writing, the line is broken.

But what should act as rocket fuel?! 🤔

Purchases, a lot of purchases. Retail is afraid to buy Bitcoin above the cost of $ 100,000, but as can be seen from the presented metrics, most large holders are also selling. Despite these facts, it is important for the manipulator to lure retail buyers by causing FOMO, pushing thoughts about the high cost of Bitcoin into the background.

Today the price is likely to break the conditional resistance line at $105,100, after which it will set a new local peak.

Otherwise, a large candle shadow will form on the price chart again, which will indicate the buyer's weakness.

Bullish targets:

TG1: $105,100

TG2: $105,980

Bearish target:

TG1: $103,500

TG2: $102,400

Profit to all💰💪