#bitcoin #btc price is moving in an ascending megaphone channel now. Top of the channel is located at 110 - 115K #usdt .The lower red box is the strong daily ichimoku span support zone + dEMA ribbon support zone. BTC price also forming a distribution schematics that matters short/ mid term holders. Touching upper red box and a price declination there will likely cause #btcusd to have a flash dump (i expect this , posted in my previous ideas). This flash dump' s strong support zone is lower red box. If #btcusdt breaks out the megaphone channel with a successful retest, then support zone will move higher and scenario will be modified. In addition, BTCUSD price is in distribution zone, avoid high leveraged margin positions and then thank me later for avoiding 10x 100x positions pals.
Bitcoin (Cryptocurrency)bitcoinpriceBTCBTCUSDChart PatternsTechnical IndicatorsTrend Analysis

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