Technical analysis by Bullishway1 about Symbol BTC on 1/8/2024

In the recent Bitcoin correction, support was found above the daily Kumo cloud and it again reached the ceiling of the ascending channel and tested it. Traders who bought at the base of the triangle sold at the top of the triangle. As long as the channel ceiling and the upper side of the triangle do not break out, new daily buyers will not be persuaded to buy, and as long as the lower side of the triangle does not break out, there will not be much selling pressure.