The daily closure was not clearly positive
But Bitcoin is still moving within the ascending wedge where the price was rejected at $122,000, which is natural and logical. Whenever it visits its last resistance, a natural correction must occur.
In the end, major traders are trying to manipulate the market to push out the largest number of traders.
The correction now is natural and logical down to the support of $116,000, after which we will start to update the new support areas.
As long as we are inside the ascending channel, we are safe.
Engage with the post only and wait for more market analysis.
#BTC
Good luck, God willing.
But Bitcoin is still moving within the ascending wedge where the price was rejected at $122,000, which is natural and logical. Whenever it visits its last resistance, a natural correction must occur.
In the end, major traders are trying to manipulate the market to push out the largest number of traders.
The correction now is natural and logical down to the support of $116,000, after which we will start to update the new support areas.
As long as we are inside the ascending channel, we are safe.
Engage with the post only and wait for more market analysis.
#BTC
Good luck, God willing.