$btc Bitcoin price action still rising in channel....UP or Down?
BTC
Bitcoin's price action has remained in this rising channel since around 26000. Current price: 48100
If price continues to respect this channel expect to find previous resistances: 50600, 53500, 55200
#bitcoin is also spotting a double top with a bearish divergence on the daily timeframe oscillator.
if price cannot rise past current resistances expect price to retest supports at: 47200, 44200, 41800, 39400
Decision point!
