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Technical analysis by Se7enSkies about Symbol BTC on 4/13/2025

https://sahmeto.com/message/3410727
Se7enSkies
Se7enSkies
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I think this is a crucial time for crypto, both technically and fundamentally, but I’ll be focusing on the technical side. Price needs to break above the upper resistance trend line for btc to break out of a descending channel. If btc fails to break above the channel, then it may head for a double bottom or back down to the support trend line of the descending channel. My thoughts are we will see a break out soon, but that’s only my opinion and not a fact.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$84,396.19
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