BITCOIN why is everyone wrong about the upcoming move 
2025-01-08
Category: None

everyone is turning very bullish again on BTC and altcoins i really dont think it will be that easy the whales need liquidity and make money before pushing the price higher from a technical perspective there is no confirmation of an uptrend but lets take a look at the details 

first of all lets take a look at the huge ascending channel the price respects both trendlines very precisely on Bitcoin hit the top of the channel and got rejected form it lt would defiitely make sense if the price now retests the middle of the channel which is currently at around 85k.

second we still have a completely unfilled and untested FVG fair value GAP on the daily chart this GAP is between 85k and 77k this price action should be tested 