As you can see BTC has been in an ascending channel since start of 2021 .
A very solid entry point is when the candles hit the support line of channel .
In that case if the price goes below the channel it will drop to 50k ( first support line ),
Otherwise the first target is 61200(ATH) and then 67k and 70k ( 0.38 and 0.5 of fib)
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A very solid entry point is when the candles hit the support line of channel .
In that case if the price goes below the channel it will drop to 50k ( first support line ),
Otherwise the first target is 61200(ATH) and then 67k and 70k ( 0.38 and 0.5 of fib)
Like an comment if you found it useful 👍🏻