Bitcoin moves to the top of the channel and stops on it
Now you can find out about the existence of the channel that I showed you yesterday
When Bitcoin reaches the upper line of the channel and crosses it, even though the pressure to rise is high, it cannot, and it is moving on the upper line of the channel for 6 hours.
If it does not have the strength to continue to rise, it will definitely fall and return to the bottom of the channel around $44,000, but if it breaks $48,000, it can be said that it will continue to move.
When Bitcoin reaches the upper line of the channel and crosses it, even though the pressure to rise is high, it cannot, and it is moving on the upper line of the channel for 6 hours.
If it does not have the strength to continue to rise, it will definitely fall and return to the bottom of the channel around $44,000, but if it breaks $48,000, it can be said that it will continue to move.