In this episode, we will look into the horizontal channel in which Bitcoin is trading. The consolidation pattern that we can see suggests that bitcoin is preparing for a huge move. We will also look at the Ethereum price and at the divergence between the volume and price on a weekly timeframe, which suggests that we are coming to a turning point.
[embedded content]
Please subscribe to our YouTube channel to stay tuned with our weekly reviews of Bitcoin and Ethereum and best of luck with your trading.
Automate your TradingView bots or copy-trade best traders and bots in crypto: https://trading.wunderbit.co/en
Facebook: https://www.facebook.com/wunderbit.co/
Twitter: https://twitter.com/Wunder_bit/
Youtube: https://www.youtube.com/c/wunderbit
Linkedin: https://www.linkedin.com/company/28129589
Telegram: https://t.me/wb_trading
Source: https://wunderbit.co/en/blog/bitcoin-is-preparing-for-a-huge-move