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Will we see a Big move on BTC?

BTC is in a unique position once again where a Decision has to be made. 

-On the Daily Time frame, we can see how well the Price has adhered to the Fork. Since the beginning of the Correction BTC wasn't able to push through the Yellow Median line.

-When wee zoom in onto the 1Hr Time Frame, the picture becomes even clearer. At the moment the Price Action has created an Ascending Channel and the Median line goes right through it acting as Resistance.

-On the other hand, the bottom of the Ascending channel provided Support so far and because of this, the Price is now being squeezed into the Red Triangle creating a lot of pressure.

Keep an eye on this zone coz something is about to happen.


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