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BitCoin Analysis Report Today – BTC Technical Report Today : 27/12/2022
BitCoin Analysis : BTC Technical Report – 27/12/2022
- BTC is moving in an ascending triangle. Presently, dismissing from its horizontal resistance. Price action is showing uncertainty among bulls and bears, as we have seen a lot of wicks that grabbed short-term liquidity.
- A solid breakout of the ascending triangle will target the upper marked horizontal resistance of $17.5K, while a sustained breakdown will lead to a downward move toward the $16.4K support.
- #BTC got rejected again from 16950 resistence , now most likely some pattern is forming , perhaps a triangle , I think this is for a break up to 17k +
As per above Charts – BTC IS ON CUSP OF MAJOR BREACKOUT SOON
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