$BTC update, raising channel up to 65k?

16 thg 9

BTC has reversed after dropping to 52K (falling channel in orange) and is now recovering on the 1D chart. On the 1W chart, there is also a sign of reversal and RSI too.

My forecast is that before taking off, BTC will strengthen within this rising channel (in blue). There's strong support at $47-48K, which should hold.

Based on the RSI and MACD curves, the uptrend should continue until it reaches the resistance at $67-68k. Afterward, I anticipate a more severe correction, but the price should remain within the rising channel for some time.

The parabolic phase hasn't started yet, so I expect another drop to the bottom of the wedge before the next big move begins.

I will update this idea as it develops.

Most of my previous ideas have been accurate, so feel free to check them out and follow me for more forecasts.

27 thg 9

Đóng lệnh: đạt mục tiêu

We did it! Another accurate prediction. What is coming next? Follow me to get the updates!!!