𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐨𝐧 𝐇𝐨𝐮𝐫𝐥𝐲 𝐂𝐡𝐚𝐫𝐭 06.10.23

6 Okt 2023

Hello, dear TradingView community! 🚀

Since the beginning of September, Bitcoin has been crafting an intriguing narrative. Within this month, it has formed an ascending channel, with prices oscillating between $25,000 and $28,500. But here's the kicker: there's a significant twist in this tale. The price is now drawing closer to a trendline that etched its presence last year.

https://www.tradingview.com/x/iKQCcUD4/

Currently, we find ourselves in the lower echelons of this channel. The outlook suggests a period of consolidation within this region, potentially steering us toward that long-term trendline. 🌐

But what's the takeaway for traders we can do? 🤔

The key lies in patience and observation. 🧐 To formulate a robust trading strategy, we advise waiting for more substantial price movements. A decisive breakout in either direction will be the clarion call you've been waiting for – a strong signal to make your move. 🚀

Remember to hit that "Like" button and subscribe for more insightful updates!


Together, we can achieve more!💪

Until next time! 🚀 Your Kateryna🫶