Bitcoin | Ascending Channel Formation & Key S/R Levels..!!

#BTC BTCUSDT (Update)


In 4h timeframe, Bitcoin Has been moving in Ascending Channel Pattern.

Recently, Bitcoin Bulls got Rejected the Major Horizontal Resistance 11.2k 📉

Now, Bitcoin Heading towards the Lower Trendline of Ascending Channel, If Trendline/Channel Broken Downside, Bitcoin Might test the 10550 (Support)

In Bullish Case, If Bulls Held the Ascending Channel Trendline, & Bitcoin Bounced Back, It Might test the 11.2k Resistance Again 📈

According to Ascending Channel Formation, Next Week, Bitcoin Might test the 9860 Area.

Keep in Mind, 9.6k Area CME gap Still Remained Open. So Keep Your Eyes on it too. 👀



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