#Bitcoin Gaussian channel 🐍
📝In the last post, we discussed the possibility of a retest as support for the Gaussian channel's baseline (middle line), and now it is happening.
📍This is a frequent support zone in a bull market. I don’t think we will fall much below it.
💡In general, we see that $BTC has been in the green phase of the channel for quite a long time. Of course, for healthy market growth, a correction or consolidation at these levels is needed for some time to accumulate strength for a new movement.