Bitcoin is forming a huge multi-year parallel channel.
Price is now sitting near the lower trendline support, making this one of the most important areas to watch in the coming weeks. Will the channel hold, or are we about to see a major breakdown? 🔥
#Bitcoin#BTC#Crypto
Bitcoin has broken below its rising parallel channel on the weekly timeframe. The next major support zone sits around the $64k–66k range.
#Bitcoin#BTC#Crypto