🟠 #BTC Daily Update!
Currently formed ascending channel, not a bullish pattern, but in a bull market can work like a continuation pattern.
All you need to do is look for a breakout.
- If the price breaks resistance at $107k, then we are going to new ATH
- If the price breaks support level at $103k/$102k, then the target is $96k
Three bearish things we have:
- CME gap at $92k
- Bearish divergence
- Huge resistance at 107k with ATH on a daily
I'm more bearish right now than bullish, BUT I'm glad I called BTC at $82k with the target of 107k - 109k, and we have reached it; it's a major trade!
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