BTC: Is BTC going to touching MA 200 in bottom of the channel ?
Hello dear traders
We have two alternatives of bitcoin to the uptrend channel, BTC moving in the upward channel, and BTC could touch the top of the channel around 11750 and drop for corrections to MA 35 in the 4H timeframe and going to hit the MA 100 and finally 200 in the support zone between 10950-11100.
In my view, BTC has to moving in the uptrend channel and touching the 12K channel soon if Bitcoin intends going to bullish again and stay in the weekly and monthly chat above 11K ...
Bitcoin going to deep corrections blew the 11 k and close monthly in the 10K channel, I can say BTC becomes to bearish trend for 2 and 3 months.
We have two alternatives of bitcoin to the uptrend channel, BTC moving in the upward channel, and BTC could touch the top of the channel around 11750 and drop for corrections to MA 35 in the 4H timeframe and going to hit the MA 100 and finally 200 in the support zone between 10950-11100.
In my view, BTC has to moving in the uptrend channel and touching the 12K channel soon if Bitcoin intends going to bullish again and stay in the weekly and monthly chat above 11K ...
Bitcoin going to deep corrections blew the 11 k and close monthly in the 10K channel, I can say BTC becomes to bearish trend for 2 and 3 months.
