Bitcoin Gaussian Channel (Local bottom ?)

25 feb

#Bitcoin Gaussian Channel 🐍

🗣In my last post, I pointed out that we had moved up too quickly and noted the possibility of consolidation or even a correction—which played out. On the oscillator, it was also indicated how this would unfold.

📉 Right now, we are testing the lower band of the channel. We could remain around these levels for a while, consolidating.

💡 What's next? Looking at multiple parameters, we appear to be nearing a local bottom. I firmly believe that we haven’t seen the global peak yet, and this year, we will break it multiple times. 🚀

11 lug

Trade attivo

(Update)

🗣As I mentioned in the last post, we were likely forming a local bottom — and that’s exactly what happened. Since then, BTC has bounced back strongly and continued its uptrend.

📈Right now, we’re breaking ATH and approaching the upper band of the Gaussian Channel. Green bars are returning on the oscillator, which usually signals a continuation of the trend for a while longer.

💡But don’t forget: we’re already pretty close to the cycle peak. If your risk appetite is lower, some profit-taking here is a smart move. Also, there are still many altcoins that have not shown movement, our developments will help you choose them.