Bitcoin
Updated

Parallel channel BTC

102
Revised Bitmex chart a little. Descending parallel channel broken and no longer valid. Trading range of new horizontal parallel channel is 10000 - 10600. Blue vertical line at the end of channel is approximate 0.75 length of grand Triangle. Either sharp impulse before it, or moving within this channel uncertain time

P.S. Most of last 4H volume came from that wick dump - bull trap. But I'm sure we will see more bulls in the nearest time.
Note
Previous forecast
BTC falling wedge

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