KoosKanmar

It looks like a little but important bull flag building If it breaks will not only challenge the 200 days moving average, but also the upper support line of the larger channel @ 69k.

Yesterday BTC traded briefly in the $50k range. This presented a buying opportunity for the brave when buying strength returned to push it above $52500. Enough volatility to make your head spin, but this is the nature of the BTC beat. Resistance at $SWB:69K coming up.

Bitcoin has been consolidating in this range for 5 months. $70k remains the level to be broken. The upper resistance level has been tested multiple times. Let's hope for a break this time around.

Bullish flag in the making. If upper resistance @ 255 can be broken, then 345 will become a target. Watch the $68k level break from Bitcoin. COIN shows come correlation with the BTC price.Fake break and back into the channel. Keep those stop losses in place.Stop loss reached

Fake break OR support depending on your view on the 200 day moving average. Top of channel target - $70 000 I have a IBIT position (iShares Bitcoin Trust)

Bitcoin currently trading on the bottom of a defined channel and on the 200 day moving average support.Support should hold, but if it doesn't it could be a sign of more weakness to come.

Massive bear flag break with a $25 000 target. Nice round figure.$25400 - Close enough

After making a ATH in April Bitcoin has been moving on a downward slope.What could end up as a bear flag looks like it's building at the momentA break of that bear flag to the downside could target the $16 000 level again. This will equate to around a 40% dropCaution is advised on long trades if this flag breaks to the downside