Bitcoin daily view
Bitcoin has been forming an ascending triangle on the daily for the past couple of weeks, which also forms the daily trend line.
There is a definitive channel visible on the 4H, where Bitcoin is currently moving close to.
Channel visible on the 1H with Bitcoin's next move probably going for the diagonal support to gain momentum in order to break out of the green box.
A breakout and daily close outside the green box will most likely result in a push to the $6200 level...
Posted using Partiko Android
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