▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
The bitcoin pattern forming now and critical levels (what they mean). Since the bitcoin crash in June we have seen the crypto slowly move up in a channeling pattern. This is often referred to in technical analysis as an “ascending” or “rising” channel. However, what does this pattern really mean? Is there only one interpretation of this pattern or are there multiple? In this video we examine some of the potential scenarios that may play out on bitcoin, specially if price breaks the channel, and explain their likely meaning. #bitcoin #btc #alessiorastani
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Trading has large potential rewards and also large potential risks. You must be aware of the risks and be willing to accept them. Don’t trade with money you can’t afford to lose. We are neither an investment advisory service nor an investment advisor. Data and information provided are solely for educational purposes. Nothing in this channel, videos and the information provided in it should be construed as a recommendation to buy or sell stocks, ETFs, futures, indices, forex, cryptocurrencies, commodities or any market. The past performance of any trading system or methodology is not necessarily indicative of future results. Current analysis can change due to future market events. Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated, therefore anyone considering it should be prepared to lose their entire investment.
▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Youtube version
