50k INCOMING ON BTC?

Waiting on BTC to break above this downtrend channel.Daily candle close above this downtrend channel will lead BTC to new target of around 50k.

There's another scenario i.e. Broadening wedge pattern on daily chart which is also a sign of bullishness

Failing to break above downtrend Channel will lead BTC to hit new Lows

تعليق:

Daily candle of BTC has closed below downtrend channel which is around 35k. Seems like BTC having trouble breaking those level which is also 0.5 fib level (35K). Failing to break above downtrend channel will lead to new lows for BTC.
Target: 31.1K, 28.8K and 25K

تعليق:

target of 31.1k been hit as btc rejected from downtrend channel, currently looking at this

تعليق:

another try to break through 35k and 0.5fib level