Technical analysis by CryptoHellas about Symbol BTC on 1/7/2024

BTC/USDT Binance4H hollow candlesticksAfter a price rise of +25%, a Fibonacci channel has formed, combined with an Ascending triangle.As there are also new Support & Resistance points.From here, we can conclude the following:At the end of the Ascending triangle, there will be a price break out.The price must break the golden ratio of the Fibonacci channel so that moves to higher levels.We can see a hypothetical price future move from a repeated previous move (Bar Pattern / Fractal) from early November 2023.It is worth noting that the volume has increased significantly.Market Cap: $1.65T -0.04%24h Vol: $45.94B -7.70%Dominance: BTC: 52.3% ETH: 16.3%Good Luck#CryptoHellas Team*UpdateBTC/USDT Binance4H hollowsThe price closed right at the Support Level, which is also the extension of the golden section of the Fibonacci Retracement.Fractal (Bar Pattern) predicts future price movement.*UpdateBTC/USDT Binance4H hollows