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Technical analysis by mycotoxin about Symbol BTC on 6/12/2025

https://sahmeto.com/message/3598185
mycotoxin
mycotoxin
Rank: 928
2.7
،Technical،mycotoxin

Monthly shows BTC is in a Bullish Ascending channel confirmed by the higher lows and higher highs and the resistance/Support bands at the sides of the channel.The expected behavior should be a move to the top of the channel. The target for the move upwards should lie between the 150k to 160K zone .Note: should BTC fall out of the Ascending channel then this will indicate a possible shorterm drop to the 76K area of support before a recovery back upwards .This also looks to be a slow move up and much patience is needed .

Translated from: English
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Signal Type: Neutral
Time Frame:
1 month
Price at Publish Time:
$107,740.9
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