Although BTC reached $50000 today, the last week candle closed below the mid-line of the blue channel and below the horizontal resistance at $50500.
looking back on history, BTC hit the mid-line of the channel on Jan 21 and price decreased to $29000 where is defined by a circle. after breaking this area on Feb21, it came back below this line on May 21.
I believe that BTC will test the white line once again then it may break the $50000.
looking back on history, BTC hit the mid-line of the channel on Jan 21 and price decreased to $29000 where is defined by a circle. after breaking this area on Feb21, it came back below this line on May 21.
I believe that BTC will test the white line once again then it may break the $50000.
註釋
Last week, BTC could not break its important resistance at $50500.
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