Lets see if we fail to stay inside red channel here.
Looks to be having a hard time breaking the midway point on the overall larger channel, but with halving just around the corner it isnt out of the question.
In short:
Stays in the red channel - 10-12k by halving.
Falls out of the red channel - sub 6k levels.
For a closer look at the red channel go to my below chart labeled "Correction Time?".
Good luck safe trading.
Looks to be having a hard time breaking the midway point on the overall larger channel, but with halving just around the corner it isnt out of the question.
In short:
Stays in the red channel - 10-12k by halving.
Falls out of the red channel - sub 6k levels.
For a closer look at the red channel go to my below chart labeled "Correction Time?".
Good luck safe trading.
