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Friends all welcome! I want to fucking update the idea for Bitcoin again.
I recently shared my thoughts about the global downtrend that we have broken and Bitcoin is trying to form above it, which will indicate a continued growth!
If we talk about the current chart, then a daily ascending channel has formed here, which is actively pushing up the resistance of $20.200 while it looks like there should be a rollback towards 0.236 Fibonacci, the $19.600 zone
I think if the asset breaks through the ascending channel, then the next stop will be the resistance of $20.500 if we can break through this zone and gain a foothold higher, then locally we can expect $21.000-21.800
Friends all welcome! I want to fucking update the idea for Bitcoin again.
I recently shared my thoughts about the global downtrend that we have broken and Bitcoin is trying to form above it, which will indicate a continued growth!
If we talk about the current chart, then a daily ascending channel has formed here, which is actively pushing up the resistance of $20.200 while it looks like there should be a rollback towards 0.236 Fibonacci, the $19.600 zone
I think if the asset breaks through the ascending channel, then the next stop will be the resistance of $20.500 if we can break through this zone and gain a foothold higher, then locally we can expect $21.000-21.800
