As expected, BTC is still following the ascending channel trajectory on the 4h chart. It bounced off the bottom multiple times, confirming the channel's validity.
By making higher lows, BTC could be slowly heading towards a retest of 36k, a key supply zone. Closing above 36k would signify that bulls are gaining back control.
By making higher lows, BTC could be slowly heading towards a retest of 36k, a key supply zone. Closing above 36k would signify that bulls are gaining back control.