#Bitcoin : Ascending Channel in Daily (Short-Term Triangle)
In the daily timeframe, we observe a consistent touch between the bottom and top of the ascending channel every 161 days.
Currently, there are 60 days remaining until the projected bottom touch. In the 4 hours, Bitcoin appears to be forming an ascending triangle.
I anticipate a potential move toward the top of the channel, reaching levels between 46,800 and 47,250 in the coming days after a swing between 43,500 and 42,000.
Crucial corrective levels for the daily channel are 37,600 and 33,800, with an expected touch within the next 60 days. #BitcoinAnalysis
Currently, there are 60 days remaining until the projected bottom touch. In the 4 hours, Bitcoin appears to be forming an ascending triangle.
I anticipate a potential move toward the top of the channel, reaching levels between 46,800 and 47,250 in the coming days after a swing between 43,500 and 42,000.
Crucial corrective levels for the daily channel are 37,600 and 33,800, with an expected touch within the next 60 days. #BitcoinAnalysis