BTC Update - Make or break time!! 
2025-01-16
Category: None

So on the daily BTC has been respecting both the left ascending parallel price channel as well as the current descending parallel channel. As we can see its maxing out its normal bullish range. 

So unless we get a clear breakout above the VAL which is at $102K the price will drop back to $92,027 range to fill the bullish gap. It cannot keep retesting the top channel line and failing.

All eyes on BTC on 5 minute charts
You might want to take profits off the table. 

NFA