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Bitcoin Ascending Channel

Hi everyone,

Thank you for considering reading my idea.

On my last idea, I mentioned that we could be forming a higher high but it only went as high as 25.2K (1.272 level of fib retracement or 0.5 level of a bigger fib retracement)

Bitcoin Higher Low and Possible Higher High


I also mentioned it could be an ascending channel which is a bearish pattern. Target of this pattern is at 19K which would form a new lower low.

Thank you for reading my idea. Like this idea and follow me for more ideas like this. NFA. TAYOR. DYOR.

Cheers,
Juvs
Ascending ChannelBitcoin (Cryptocurrency)BTCUSDChart PatternsTrend Analysis

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