π¨ GAUSSIAN CHANNEL UPDATE
#BTC reclaimed 76,756, giving bulls a foundation.
But the real test still sits near 95K,
the βBig Bossβ resistance.
Short-term indicators are starting to roll over,
so be careful of a fake-out π
Lose 75,699 and bears regain control.
Full report π
https://t.co/GT3RpuA9fN
π¨ Bitcoin is now back above the 50-week SMA π
In 2022β¦ price rejected here and rolled over.
Now the question is:
Build toward the 21-week SMA near $97Kβ¦ or repeat history? π€
π¨ First Stochastic RSI cross since the bull run started
Last time this happenedβ¦
#BTC went from $15K β $126K
But hereβs the catch π
Not confirmed yet.
And in bear markets⦠false signals happen.