๐ฅ๐ฅ ๐๐ข๐ญ๐๐จ๐ข๐ง ๐๐๐ข๐ฅ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, Are We Really heading to 60k ?๐ฅ๐ฅ
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Bitcoin is currently consolidating within an ascending channel and trading just above the support trendline. We can anticipate a bounce from this support level.
However, the Ichimoku Cloud indicates bearish momentum, acting as a resistance. A breakdown of the channel's support trendline could signal a shift towards a further downward trend.
๐ผ Data Credit - The Crypto Express
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