BITCOIN BOUNCE OFF FROM MEAN REVERSION CHANNEL HEADING TOWARD CHANNEL TOP | WHAT'S WAITING THERE

Bullish momentum still around with volume dipping. Candle heading to hug 200 day moving average after a long drift away. Will the 200 MA become a resistance next ? 50 MA looks really close just slightly above the 200 MA. Can it break the previous multiple touch point zone around 9300 which is also the head and shoulder, shoulder level (purple line) plus ascending triangle lower slope line. Plus previous double top neckline level.

Short term moving average : downtrend looking to cross
RSI : -
Depth Chart :
Weekly Timeframe :

Disclaimer : This is not financial advice, it's all based on my personal biased opinion. Do your own research and put in the amount you can afford to lose.

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