#比特币 is fluctuating between $80K and $90K, while structurally remaining within an ascending channel!
When the price was near the upper boundary of the channel, around 87K, it called for a little extra caution in the short term. Now that it has pulled back to the lower boundary, the outlook is different.
Watch for risk at the upper boundary; look for support at the lower boundary.
As long as the ascending channel has not been decisively broken, there’s no need to turn bearish over a short-term pullback.
Still bullish in the long term: #BTC 👀
When the price was near the upper boundary of the channel, around 87K, it called for a little extra caution in the short term. Now that it has pulled back to the lower boundary, the outlook is different.
Watch for risk at the upper boundary; look for support at the lower boundary.
As long as the ascending channel has not been decisively broken, there’s no need to turn bearish over a short-term pullback.
Still bullish in the long term: #BTC 👀