BTC still respecting ascending channel

13 янв. 2023 г.

The BTC price action is still respecting the ascending multiyear channel, targeting 300K in the next bull market top according to projections. The BTC price action has broken out the descending trend since 2021 but still we need confirmation in the monthly RSI and MACD. The monthly RSI has touched the lowest point in history and this might be a bullish sigh. This is just probabilities and based on previos price actions of BTC.