BTCUSD Must hold this Channel otherwise bigger pullback is possi

Bitcoin/ BTCUSD maintains not only the wider/ long term Channel Up but also the short term with the dotted lines.

As long as it holds it, target 32000 by the end of the month.

If the short term Channel fails, we expect a stronger pull back first to the 1day MA50 and then the 1day MA100 and the bottom of the long term Channel Up at 25800.

That will be an even more comfortable buy entry for the ultimate target of 32000.


Previous chart:

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