Good morning Traders! 😉

the technical situation of #bitcoin is currently quite complex, but since the altseason seems to have definitively disappeared, it is up to Satoshi's coin to lead the market once again.

The exit from the descending channel (in red) triggered in December has created the conditions for a new ascending channel (in green).

In recent days we have reached a critical point. The price is leaning on the intersection of two important supports and the volumes indicate a great interest around the 97k level.

The SOPR (Glassnode oscillator) indicates a possible end to the weakness, but it could take a few more days.

In short, great uncertainty, but a pinch of confidence could be all there is 😉

Note that in the last 30 days Bitcoin has gained +2.65% while SavyBot, the intelligent trading algorithm (completely automatic) for #Binance has performed an excellent +6.10% 👍

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Have a good Crypto Day everyone! 😘