Bitcoin exited a rising channel, drop to $20K?

2023年2月6日

Bitcoin just exited a channel on the 1 hour time frame. Volume appears to confirm loss of demand at the $23,000 level.

Hopefully, BTC finds support at $20,000!

2023年2月6日

註釋

I mislabelled the 200 EMA. It's actually for the 1-hour and not daily!

2023年2月6日

註釋

The Weekly does show a "death cross" of the 200 and 50 Week EMAs.

2023年2月8日

取消訂單

Bitcoin does look bullish again! It re-entered the Pitchfork channel and On Balance Volume confirms demand.