BTCUSD is having interesting price movements within these 3 channels. Typically spending about 5-6 days in each channel. If it keeps to this pattern, it will be easier to estimate where the highs and corrections will be in this uptrend. If this continues in an uptrend. Ever since it bounced off after breaking out of the long-term down channel since June last year, price movements have been very bullish with 9-12% corrections ever since reversing from the $6400+ price.
Just wanted to share an observation. Not financial advice. Good luck!
Just wanted to share an observation. Not financial advice. Good luck!
