$BTC YESTERDAY WE SHARED THE TOBO FORMATION THAT MAY FORM IN , AND WE SAID THAT IF THE RIGHT SHOULDER FORMED, WE COULD SEE 60-61K LEVELS, AND FROM THERE WE EXPECTED A NEW ATH WITH AN RISE AND BREAK IN THE NECK AREA. NOW, THIS SIMILARITY TO THE PAST IN THE WEEKLY CHART ATTRACTS ATTENTION AND IT AGAIN POINTS THE 60-61K LEVELS IN A DECLINE TENDANCE.
#Bitcoin In the past, it created a range channel structure on the weekly chart at 25-30k levels between March and October 2023. After testing the upper band of this band twice a week, the rise came after the price movement decreased to the lower band of the channel twice. Now, this range created on the weekly chart maintains its movement within the channel structure. The price drops from 71-70k levels to 60k levels. It reacts and goes back to the upper band of the range channel structure. Now, if the price moves to the 60-61k levels, which is the lower band of the channel, I expect it to meet a lot of buyers here and make a new ATH by exceeding the upper band of the channel. #BinanceHerYerde #Binance
