Bitcoin Analysis 6/10/23 (Review of Macro Ascending Channel)
There are two things worth mentioning on the 2 Week Chart:
1. BTC appears to have lost the critical 50 EMA
2. The next major level of support is the bottom of the Ascending Channel / the 2017 Peak around 19.6k.
1. BTC appears to have lost the critical 50 EMA
2. The next major level of support is the bottom of the Ascending Channel / the 2017 Peak around 19.6k.