$BTC
Namaskar LuckySevenTrader Community:
In the 4-hour timeframe, #Bitcoin❗ is forming an ascending parallel channel, currently positioned around the midpoint of this channel at $68,000. From here, we see two potential scenarios:
If Bitcoin respects this midpoint level as support, it could potentially rise to test the upper boundary of the channel around $73,000.
Alternatively, if Bitcoin breaks down below this midpoint, it may head toward the lower boundary of the channel, targeting approximately $64,500.
I’d love to hear your thoughts on this setup—drop a comment with your perspective!
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$BTC
