The bitcoin pattern forming now and critical levels (what they mean). Since the bitcoin crash in June we have seen the crypto slowly move up in a channeling pattern. This is often referred to in technical analysis as an "ascending" or "rising" channel. However, what does this pattern really mean? Is there only one interpretation of this pattern or are there multiple? In this video we examine some of the potential scenarios that may play out on bitcoin, specially if price breaks the channel, and explain their likely meaning. TA Video by Alessio Rastani.
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