Bitcoin rising channel could guide price to $100K
Photo: Crypto Daily
A rising channel pattern has emerged for the Bitcoin price, capable of guiding the king of the cryptocurrencies back to $100K. Can the bulls succeed in keeping the $BTC price within the channel, or are the bears already planning a breakdown that could sink the price down to the low $70K level? Since rising into a first parallel channel back in August, and then into a second one, based on top of the first, the $BTC price action seemed messy and uncertain.
Source: Crypto Daily
