BTCUSD ❕ under the channel
Bitcoin is out of an uptrend channel, but is still above liquidity.
Price tests 200MA as support (4H TF)
BTC tests 200MA and 50MA as support (1H TF)
Price tests 100MA as support (30M TF)
At the weekend, BTC isn't showing the best side, but the range of movement remains in favor of growth, the volumes and volatility decreased, and there are no strong arguments for the continuation of the correction now.
I expect that Bitcoin will continue to grow in the range after fixing in the channel.
Price tests 200MA as support (4H TF)
BTC tests 200MA and 50MA as support (1H TF)
Price tests 100MA as support (30M TF)
At the weekend, BTC isn't showing the best side, but the range of movement remains in favor of growth, the volumes and volatility decreased, and there are no strong arguments for the continuation of the correction now.
I expect that Bitcoin will continue to grow in the range after fixing in the channel.
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