#BTC/USD 2W (Kraken) Ascending channel on support

Bitcoin has been in a very long-term up-trend and despite the rising wedge breakdown, it looks ready to resume bullish.

BTC #BTCUSD

Trade attivo:

BTC is up +43.67% already

That macro view from August, the anticipated bounce back on 100EMA was so on point!
Now it really seems like 31k is next, then 49k after that (post halving most likely).

Commento:

Up to +83.18%, damn that was so accurate!

With that red candle rejection it really looks like local top is in, better prepare for a move down.
Not sure about 31k, but 36k definitely looks like the obvious next stop, even though many are waiting for 50k.

Trade chiuso: obiettivo raggiunto:

TP hit with +2R

Finally reached the final target, trade is fully closed.